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Matt Golab Releases New Article "Discover 3 Reasons Why the U.S. is in Better Shape Than You Think"
Elk Grove Investment Advisor Matt Golab Releases New Article, "Discover 3 Reasons Why the U.S. is in Better Shape Than You Think"
Hidden Reason 1
Durable goods, these are big pieces of equipment, big household appliances, company inventory, and things like that. This is a good sign because when the economy is doing bad big price items are usually the first things to get cut. April vehicle sales numbers were the best we've seen since 2005 and the whole U.S. durable goods number jump almost to 3% and February was over 2%. This is a great indicator because it shows businesses are increasing investment at a four month high.
Hidden Reason 2
Business Spending, at the end of last month a business survey showed over 60% of businesses said they will increase their spending in the next year. This number is increasing from previous quarterly surveys which is a great sign. Businesses have been saving money by being tight with their budgets and now seem to be confident enough to invest in themselves again.
Hidden Reason 3
Since the financial crisis in 2008 companies have survived by being efficient and cost cutting. Recently Reuters reported that worldwide, companies are sitting on over $7 trillion in cash. Fear is in the mind of many CEOs, they don't want to lose their job by overreaching so they have held on to massive amounts of cash. This has kept them from market risk but made them vulnerable to being outcompeted.
Companies are countering this risk through Mergers and Acquisitions. The value of deals this year has already topped $1 trillion which is over 30% higher than in 2013 for the same time period. It's also only the third time since 1980 that the $1 trillion mark has been hit so early in a year.
Like I said earlier it's very difficult to be an investor in this society and still stay positive but these are some areas that should give every investor cautious hope.
Matt Golab was recruited to write a chapter in Tom Hopkins recent book, Victory which became a National Best Seller. Matt also received the Editors Choice Award for his contribution to Victory, not every contributor is selected for this high honor.
Matt is an authority on creating innovative tax and investment solutions to help his clients succeed in their retirement years. The strategies Matt Golab has established and passed on through successful financial planning with hundreds of clients over the years has launched him into the national spotlight.
He is often featured in Retirement Advisor Magazine, a publication which attracts the top financial planners in the country. Matt has been featured in newspapers around the country passing on the principals for a successful retirement. Golab is often asked by national websites that focus on the education of consumers to present his knowledge on the areas of retirement and retirement income plans. Matt is frequently featured in The Wall Street Journal, CNBC, MSN Money, The San Francisco Chronicle, Newsweek, TheSmartRetiree, Burlington County Times and appeared nationwide on ABC, CBS, Fox, and NBC as well as USA Today.
Matt has a weekly radio show where he discusses all aspects of retirement planning, total wealth management, and estate strategies. Through his relationship with Retirement Radio Network experts such as David Walker former Comptroller General of the United States, Harry Dent of the H.S. Dent Foundation, John Bogle of the Vanguard Funds and many more have been heard on his show Income Forever.
Golab is the Author of The Consumer's Guide to Planning Your Retirement: Your Guide to Mental Peace and Financial Well Being. Matt Golab continues to expand the geographic reach of his audience and desires to bring his expertise to a nationwide television audience. Matt emphatically states his mission, “I want to change the way Americans view their retirement. They can succeed (stay retired) regardless of what happens in the market". Contact information for Matt is available at his website,
Investment Advisory Services offered through Global Financial Private Capital, LLC, an SEC Registered Investment Advisor.
Page Updated Last on: May 08, 2014