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10 Stories We are Following this AM 1-16-23

In this episode Scott Becker discusses:

  1. The markets are closed today in honor of legendary civil rights leader and advocate Martin Luther King and MLK day. In healthcare today’s shout out of the day goes to the remarkable Michellene Davis, Esq., who leads National Medical Fellowships and who is a fierce advocate for health equity.
  2. The markets had a great day Friday and for the week last week.
  3. Increasingly different perspectives on the national debt debt in DC. Janet Yellen says raise the debt ceiling. Kevin McCarthy says cap government spending. Barron’s writes “Too much government debt could become a big problem for the stock market”. And the nation.
  4. “Electric Vehicles Made Up 10% of All New Cars Sold Last Year” – WSJ.
  5. BlackRock vs Goldman spar over the 60/40 portfolio.
  6. As a segue from 5, 3 core types of portfolios
    1. Growth- 70 to 100% Equities. 0 to 30 percent bonds.
    2. 70 to 100% bonds. 0 to 30% equities.
    3. 30 to 70% equities. 70 to 30% bonds.

And more!

 

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