Money Monday: Keeping an eye on the 2013 stock market
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SOUTHFIELD, Mich. (WJBK) -- The stock market has been on fire this month. At its current pace, it would rise more than 55 percent this year. But does this kind of a rally make you nervous?
Jonathan Citrin, founder and CEO of the Citrin Group in Birmingham, has some suggestions on what to watch for during 2013 that could severely impact the markets.
What to watch for, what to know:
March Madness -Due to automatic spending cuts, expiration of government budgets and the debt ceiling
More politics, less economics -Our elected leaders are professional "career" politicians, with little or no knowledge of actual economics
Debt isn't bad -If we reframe the conversation, one can realize that debt is not always bad. The solution to our economic mess rests here within
Wednesday, April 24 2013 5:07 PM EDT2013-04-24 21:07:25 GMT
Following a 1.6 billion first quarter profit, Ford CFO Robert Shanks talks to Murray Feldman about what the record means to the company now and moving forward.
Following a 1.6 billion first quarter profit, Ford CFO Robert Shanks talks to Murray Feldman about what the record means to the company now and moving forward.
Wednesday, April 24 2013 9:32 AM EDT2013-04-24 13:32:01 GMT
Mike Amine from New England Financial and Kelly Masters, the chairperson of Money Smart Week join Murray Feldman in the studio to talk about financial planning and annuities.Play the video to gain their
Mike Amine from New England Financial and Kelly Masters, the chairperson of Money Smart Week join Murray Feldman in the studio to talk about financial planning and annuities.Play the video to gain their
Monday, April 22 2013 8:10 PM EDT2013-04-23 00:10:09 GMT
Perhaps you've heard or seen ads promising bad credit can be erased. Lisa Ross from the Michigan Department of Insurance and Financial Services has a warning for consumers.
Perhaps you've heard or seen ads promising bad credit can be erased. Lisa Ross from the Michigan Department of Insurance and Financial Services has a warning for consumers.
Friday, May 24 2013 1:52 PM EDT2013-05-24 17:52:39 GMT
Alan Lee asks Wallace if the subject of Viagara will 'come up' in Wallace's scheduled interview with former Senator Bob Dole. Wallace responds, "Comes up, really that's what you're going to say?"
Alan Lee asks Wallace if the subject of Viagara will 'come up' in Wallace's scheduled interview with former Senator Bob Dole. Wallace responds, "Comes up, really that's what you're going to say?"
Friday, May 24 2013 10:54 AM EDT2013-05-24 14:54:29 GMT
Gearin' Up is a non-profit organization that collects gently used clean camp gear, board games, art supplies and raises money to donate to special need camps: Camp Kesem and St. Francis on the Lake.
Gearin' Up is a non-profit organization that collects gently used clean camp gear, board games, art supplies and raises money to donate to special need camps: Camp Kesem and St. Francis on the Lake.
Friday, May 24 2013 9:35 AM EDT2013-05-24 13:35:12 GMT
A Midwest mom and Petoskey, Mich. native, Amy Hanten, is "The Cooking Mom." Her brand new cookbook, The Cooking Mom Cooks Up Memories is filled with more than 170 recipes.
A Midwest mom and Petoskey, Mich. native, Amy Hanten, is "The Cooking Mom." Her brand new cookbook, The Cooking Mom Cooks Up Memories is filled with more than 170 recipes.
Friday, May 24 2013 9:01 AM EDT2013-05-24 13:01:13 GMT
Just because it's not going to feel hot outside this Memorial Day weekend, doesn't mean you can skip the sunscreen. Find out which one is best for you.
Just because it's not going to feel hot outside this Memorial Day weekend, doesn't mean you can skip the sunscreen. Find out which one is best for you.
Friday, May 24 2013 8:53 AM EDT2013-05-24 12:53:20 GMT
Get ready for the sound of lawn tractors all around the city of Detroit this weekend. That's because the Detroit Mower Gang is heading out to cut the grass at the city's parks and playgrounds for 24 straight hours.
Get ready for the sound of lawn tractors all around the city of Detroit this weekend. That's because the Detroit Mower Gang is heading out to cut the grass at the city's parks and playgrounds for 24 straight hours.
Friday, May 24 2013 7:54 AM EDT2013-05-24 11:54:54 GMT
From Polish food and carnival rides to electronic music along the riverfront, there's plenty to do this Memorial Day weekend. Go inside the story for a complete list of events, parades and much more.
From Polish food and carnival rides to electronic music along the riverfront, there's plenty to do this Memorial Day weekend. Go inside the story for a complete list of events, parades and much more.
Friday, May 24 2013 11:58 PM EDT2013-05-25 03:58:44 GMT
Police say a woman was held captive at a hotel for several days and forced to have sex around the clock with multiple men, whoever would pay the price. 26-year-old Deante Brown now faces sex trafficking charges.
Police say a woman was held captive at a hotel for several days and forced to have sex around the clock with multiple men, whoever would pay the price. 26-year-old Deante Brown now faces sex trafficking charges.
Friday, May 24 2013 11:18 PM EDT2013-05-25 03:18:53 GMT
Dairy Boy keeps getting hit with tire tracks in the yard, so they brought in boulders to act as a visual warning and physical reminder not to cut the corner. Now they've been told those rocks must go.
Dairy Boy keeps getting hit with tire tracks in the yard, so they brought in boulders to act as a visual warning and physical reminder not to cut the corner. Now they've been told those rocks must go.
Friday, May 24 2013 10:34 PM EDT2013-05-25 02:34:36 GMT
The pediatrician called him a big baby, his parents believed their boy was genetically destined to be obese, but he proved them all wrong. One day, he made a critical decision and became a weight loss winner.
The pediatrician called him a big baby, his parents believed their boy was genetically destined to be obese, but he proved them all wrong. One day, he made a critical decision and became a weight loss winner.
Friday, May 24 2013 8:54 PM EDT2013-05-25 00:54:08 GMT
More than 150 dogs have been removed from locations owned by a breeding facility in Michigan's northern Lower Peninsula, where officials said the animals were living in outdoor enclosures with little protection.
More than 150 dogs have been removed from locations owned by a breeding facility in Michigan's northern Lower Peninsula, where officials said the animals were living in outdoor enclosures with little protection.
Friday, May 24 2013 7:06 PM EDT2013-05-24 23:06:29 GMT
Krazy Jim's Blimpy Burger, an institution for generations of University of Michigan students in Ann Arbor, is about to undergo a historic change of address.
Krazy Jim's Blimpy Burger, an institution for generations of University of Michigan students in Ann Arbor, is about to undergo a historic change of address.
Friday, May 24 2013 6:54 PM EDT2013-05-24 22:54:49 GMT
Gleaming stainless steel circa 1975 provides the once futuristic setting for Southfield's best-kept secret -- Anthony's Coney Cafe inside the IBM building at Nine Mile and Southfield Road.
Gleaming stainless steel circa 1975 provides the once futuristic setting for Southfield's best-kept secret -- Anthony's Coney Cafe inside the IBM building at Nine Mile and Southfield Road.
Friday, May 24 2013 5:31 PM EDT2013-05-24 21:31:37 GMT
A home explosion in Royal Oak back in February killed a man and damaged dozens of houses. Now some homeowners are complaining that insurance companies are making repairs difficult.
A home explosion in Royal Oak back in February killed a man and damaged dozens of houses. Now some homeowners are complaining that insurance companies are making repairs difficult.
Friday, May 24 2013 1:52 PM EDT2013-05-24 17:52:39 GMT
Alan Lee asks Wallace if the subject of Viagara will 'come up' in Wallace's scheduled interview with former Senator Bob Dole. Wallace responds, "Comes up, really that's what you're going to say?"
Alan Lee asks Wallace if the subject of Viagara will 'come up' in Wallace's scheduled interview with former Senator Bob Dole. Wallace responds, "Comes up, really that's what you're going to say?"
Friday, May 24 2013 1:29 PM EDT2013-05-24 17:29:01 GMT
School officials say an earlier lockdown at three schools in Allen Park Friday has been lifted.
School officials say an earlier lockdown at three schools in Allen Park Friday has been lifted. Officials say police gave the all-clear at Allen Park Middle School, Lindemann Elementary and Riley Education Center around 12:40 p.m. Friday.
