Episode 2022-4

In this 35-minute Podcast of “Your Financial Journey” titled “From the Mailbox” Barry Tate discusses various topics from the financial world our listeners have inquired about over the last few weeks. In the first several minutes, Barry discusses his take on the Cryptocurrency craze and specifically recent events surrounding the FTX crypto-exchange bankruptcy. Second, the large investment firm Blackrock has experienced political backlash from several “Red-State” politicians regarding its perceived aggressive stance on ESG investing and Barry discusses his opinion on this issue. Next, the interest rate “yield curve” has been a topic in the financial media recently and Barry provides a brief overview of the yield curve and its significance as a predictor of recessions in the past. Lastly, Barry discusses a few words of overall advice for households to help them prepare for a possible recession next year.  

This article or material was written or produced prior to the LPL Registered Representative’s association with LPL Financial. The opinions expressed in this material do not necessarily reflect the views of LPL Financial. 

This material contains an assessment of the market and economic environment at a specific point in time and is not intended to be a forecast of future events, or a guarantee of future results. All investments involve risk, including loss of principal. Forward-looking statements are subject to certain risks and uncertainties. Actual results, performance, or achievements may differ materially from those expressed or implied. Information is based on data gathered from what we believe are reliable sources.

Cryptocurrency and cryptocurrency-related products can be volatile, are highly speculative and involve significant risks including: liquidity, pricing, regulatory, cybersecurity risk, and loss of principal. A cryptocurrency fund may trade at a significant premium to Net Asset Value (NAV). Cryptocurrencies are not legal tender and are not government backed. Cryptocurrencies are non-traditional investments, resulting in a different tax treatment than currency.  Federal, state or foreign governments may restrict the use and exchange of cryptocurrency. The use and exchange of cryptocurrency may also be restricted or halted permanently as regulatory developments continue, and regulations are subject to change at any time. Cryptocurrency exchanges may stop operating or permanently shut down due to fraud, technical glitches, hackers, malware, or bankruptcy. ​