Alan Weiss' The Uncomfortable Truth

It’s seldom that you can receive uncomplicated answers about the economy and the impact of these turbulent times. Ask five “experts” and you’ll get seven opinions. So I was overjoyed that Lee Duckworth and Larry Dooley from Capital Wealth Management were able to join me and respond to questions about unemployment, bank failures, the Fed’s actions, the TINA principle, and the TARA principle. (I hadn’t heard of these, either, but they make a lot of sense and you’ll see how they’re changing when you listen to the interview.) We chat about the primacy of cash for individuals and organizations in turbulent times, and what some bare minimums are to consider. I’ve always advised people entering professional services that they should have a minimum of six months of regular expenses in the bank when they launch their practice. Find out if I’m right or wrong. We discuss the very low unemployment we’re experiencing and the fact that there are two jobs for every person seeking one. We review consumer spending, especia