Posts Tagged ‘markets’

U.S. Credit Rating Downgrade NOT the Reason for Market Volatility

Tuesday, August 9th, 2011

The recent market turmoil has unsettled investors around the world. Many people say the credit rating downgrade of the USA by Standard & Poor’s is the reason for this volatility.

I disagree.

The stock market has been rising for the last couple of years without the economic health to support the gains. High unemployment levels, a softening manufacturing and service sector, continued housing problems and a lack of leadership out of Washington have, and continue, to weigh on financial markets here, and around the world.

The financial media’s “noise” has once again reached a deafening level. They have ratcheted-up the level of hype and anxiety to the point that many investors are letting their emotions take over and selling their investments. Murray Financial Group knows that the best defense against emotional reactions in the stock market is diversification and owning quality companies. Our strategies do both of these, among many other prudent philosophies.

So, turn off your TV. Don’t buy into that headline above the fold. Question the radio personality’s motives. Instead, ask yourself these types of common sense questions:

Will Exxon stop drilling for oil?
Will IBM stop providing computer services?
Will Coca-Cola stop making soft drinks?
Will Marriott close all of its hotels?
Will MGM quit making movies?

You get my drift?  By investing in quality companies, diversifying and maintaining a disciplined strategy, you greatly enhance your opportunities. This, and more, is what Murray Financial Group is focused on every day.

Are we headed for global financial warfare? This week on Your Financial Editor.

Friday, March 25th, 2011

 If you are interested in the future of the global economy, America’s position in the world, or how and where to invest money today, join Chris and Mr. Eric Weiner, author of The Shadow Market, this week on Your Financial Editor.  Their conversation will be a highly informative and genuinely startling one about often secretive and ever-shifting movement of  money and geopolitical power!

Be sure to read Mr. Weiner’s story in yesterday’s LA Times about Libya and the issues raised by oil-rich state capitalist countries.

Join us this Saturday morning at 8am on AM 930 WFMD, or listen from your pc by logging onto WFMD’s website and click the listen live button.

About this week’s guest:

Eric J. Weiner has covered business and economic issues for fifteen years as a writer and editor.  His critically acclaimed first book, What Goes Up: The Uncensored History of Modern Wall Street as told by the Bankers, Brokers, CEOs, and Scoundrels Who Made It Happen, was published in September 2005 by Little, Brown and Company, and was selected as one the year’s best books by Barron’s magazine and the of the year’s “most Enriching Reads” by Kiplinger’s.  He is a former columnist and reporter for Dow Jones Newswires, and he has written for The Wall Street Journal, Los Angeles Times, The Boston Globe, The Village Voice, and countless other major publications.   He is also a contributor to the news and opinion website The Huffington Post.  He lives in Barrington, Massachusetts with his wife, Paige and their son, Jake.

New rules of personal finance – this week, on Your Financial Editor.

Friday, March 18th, 2011

From one of the world’s most respected business publications, The Wall Street Journal, comes the definitive gide to the new and ever-changing landscape of personal finance.  Dave Kansas, author of The Wall Street Guide to Personal Finance joins Chris this week the show.

Join us this this Saturday morning at 8am on AM 930 WFMD, or listen from anywhere on your pc by logging onto and clicking the listen live button.

About this week’s guest:

Dave Kansas is the editor-at-large of, a new online personal finance joint venture between Dow Jones and IAC Corp. Prior to that, he spent four years as editor of The Wall Street Journal‘s Money & Investing section, was editor in chief of during its formative years, and is the author of two previous books: The Wall Street Journal’s Complete Money & Investing Guidebook and Guide to Investing in the Internet Era.  Dave and his wife, Monica live in New York.

Fine Art & High Finance – this week on Your Financial Editor

Thursday, April 8th, 2010
Chris Murray

Monet…and your money.  This week on Your Financial Editor, Chris Murray will be talking with Dr. Clare McAndrew, author of Fine Art and High Finance.  Tune in as they explore the unique aspects of investing in the $65 billion dollar business of fine art and collectibles.  Saturday morning at 8 on AM 930 WFMD, or listen from anywhere at

About this week’s guest:

Dr. McAndrew founded Arts Economics in 2005.  Dr. McAndrew is a cultural economist, investment analyst and published author.  She completed her PhD in Economics at Trinity College Dublin in 2001, where she also lectured and taught economics for four years.  She then led a number of research projects for the Arts Council of the UK, publishing studies on the effects of regulation, taxation and other issues in the visual arts markets.

In 2002, Dr. McAndrew became the chief economist for the  U.S. firm, Kusin & Company, a boutique investment banking firm specializing in art investment.  After three years in the U.S., she returned to Europe in 2005 to continue her work in the art market as a private consultant for a global client base.  Dr. McAndrew founded Arts Economics to focus her efforts on art market research and analysis, and works with a network of private consultants and academic researchers in providing research and consulting services to the global art trade and financial sector.