Joining me is jamie hopkins. Hopkins is an associate professor at the American College of Financial Services in bryn mawr, pennsylvania. He teaches estate and retirement planning. Jamie, thanks for being here with us. Jamie hopkins erin, thanks for having me on. Erin all right, lets jump right in. Weve got a couple of tips, and your First Financial rescue tip has to do with holiday gift cash. Lets say you were lucky enough to get 100 from grandma this year. What do you do with that money . Jamie yeah, the first thing i tell people to do, especially around the holidays, is pay off that credit card, right, that you probably spent some money on it, right, buying other people some holiday gifts. So, if you get 100 back, make sure you put that towards things that have the highest interest kind of tied to them, which is almost always your Credit Card Debt. Erin a lot of people may have overspent this holiday season. And when you see that number, its a big number. Is 100 really going to make
It was like five sessions between 25,000 and the zeseventh trading sessio. From january 4th to yesterday is when we saw the 1,000 point move in the dow oil breaking, which is a weird Reason Energy stocks came down as a result just the idea lets hold off for a second nevertheless, with all of that, the s p 500 still remains on pace for its biggest monthly gains since march of 2016. The nasdaq is still on its biggest monthly gain since july of 2016. Look at what happened overnight in asia, you will see the nikkei was down by a third of a percentage point back to this morning sorry, flipflop back to this morning, you are look at double digit gains or triple digit gains once again for the dow. This comes after last night the nikkei down by a third of a percentage point hang seng and shanghai stocks both ended higher bay quarter percentage point in europe, where you see the early trading this morning, you will see at this hour theres a bit of weakness. Dax is down by 0. 2 . Ftse down about
The latest trend in fashion. , whichs a trend growing are u. S. Companies bringing their cash back from abroad. We know apple is the big one. They are going to be bringing billions of dollars back, which means theyre going to pay 38 billion in taxes. And that is really, for lawmakers to pass the tax reform, that is the eyes on the prize. They have built up this much money overseas, when are they going to bring it back, and how much is it going to bet go back how much of it is going to go back to the economy. In creating jobs, which is most important to the white house. Those numbers that were highlighted in the press release if you look underneath the hood, theres questions of how much is going to be repatriated back and where it is going to go . A lot of the money is in the denominated dollars. And will other Companies Follow as well . In the meantime, another note on that, apple is spreading the joy, with employees getting bonuses. We also have overall stocks up, and a wild ride that
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Good morning, everybody. Lets show you what has happened overnight. Lets start with the asian equity session. We have been in and out of positive territory in the asian equity session. Here is the msci asia pacific, vaguely in positive territory. China is still up for the lunar new year. Year. For the lunar new the u. S. Treasury coming forward with those numbers. We hit 2. 26 , which was the highest since 2008. Thosein yields getting to those yields getting to those levels that we have not seen since 2008. It continues to raise questions as to whether International Buyers will continue to be tempted in as rates go higher. How much does what is going on in this market we can that Investment Case for Holding Equities broadly . Big moves in the oil market. We saw the price of oil hitting eight two week high in yesterdays session hit a twoweek high in yesterdays session in new york. Mv with stakesot o in the north sea. Is 267 Million Euros 367 Million Euros. The fema coming through from t