Latest Newsletter:

Money Matters update July 20, 2016 Please read!

Money Matters airs tomorrow Thursday at noon, PACIFIC STANDARD TIME on KVMR FM 

 

 

 

Marc's Notes:

THE BREXIT

 

Wikipedia defines the Euro currency as the official currency of the Eurozone, of which 19 of the 28 member states of the European Union (EU). Recent news has covered the so called “Brexit” where the British people voted 52% to 48 % to leave the common currency agreement.

 

Global stock markets immediately illustrated the surprising move by Britain by falling in concert in the days following the announcement. The vote is not actually binding and Parliament could elect to ignore the will of the people and stay in the Euro. A renegotiation between Britain and Euro authorities might take place to try and reach a more palatable outcome then an outright exit or even another vote may be in the cards given the gravity of the situation.  An actual Brexit will take about 2 years to implement.

 

Only time will tell if Britain actually becomes the first nation to leave the EU but if it does, it may signal the beginning of some serious problems for the Euro. The more likely outcome however would be a shuffling of the existing members and a rework of the rules to better address the issues that may have led to Brexit in the first place and to prevent other nations from following suit.

 

At issue is the inherent problem of a common currency being used for differing economies. One could argue the only example of a common monetary representation in history is the use and acknowledgment of gold as a common unit of measure but the Euro is the first example in modern history of this type of concept being implemented.

 

The problem with a common currency is that each participating nation is inherently different then the next. Each nation has its unique levels of debt, trade levels, deficiencies, advantages and subsequent fiscal policies to handle such uniqueness.

 

Even the authorities that handle such policies and the people that make those decisions differ from country to country and therein lies the problem. One nation may have a strong balance sheet and a responsible fiscal administration while the next may border on fiscal irresponsibility. One nation might overspend while the next runs a balanced budget. In a world where each nation has its own currency, such differences in economies are addressed by each nations ability to borrow money in the public markets and how readily lenders are to pony up their money for government IOU’s. Simply put, the more irresponsible the country, the harder it is for them to borrow and the more they have to pay in interest to do so.

 

In a common currency situation however, such as the one we have with the Euro, the ability to borrow is centralized and equal. Being a common currency, the rules are the same for everyone. To grasp the concept of problem, imagine a group of people with differing credit scores all being allowed to borrow on the same terms and at the same rates.

 

Some would cry foul while others would reap the benefits. Such is the issue with the Euro. Responsible nations are crying foul for having to pick up the tab for others. Overspending nations want to renege or renegotiate on their debts by pulling out of the Euro and pay what they owe using their own currency obviously made easier made by using their own printing presses. Something which is far easier to do then pay back what they currently owe in Euros. 

 

Britain joined the European Economic Community in 1973 and hence the European Union in the 1990s. But Britain never fully accepted the legitimacy of European control over British institutions in a way that other EU members did. It refused, for example, to eliminate its internal border controls or the use of the common currency in question, the Euro dollar.

 

Even without direct involvement with the Euro currency, the ramifications of the Brexit are unknown but no doubt still serious. Should Britain set the example of how a nation could possible take an easier route by simply leaving the EU, other nations could eventually do the same. If enough nations leave, this could shake the whole concept of the Euro to its core.

 

-------------------------------

 

 

 

We have been talking about my recent trip to Japan and how amazing their systems are.

 

So here is a batting cage near Tokyo where my son is batting. Look carefully and you will see on the far wall a TV monitor the size of a man. The movie shown is the pitcher winding up and delivering the pitch. The timing is perfect which means the professional pitcher winds up and as he delivers the ball on the screen, the ball comes screaming out a hole next to the screen. Amazing!

 

 

They love their rock groups over there. Here is a photo booth that has lights that make you look like you are in a rock promo photo. No makeup was worn. It’s the lighting and the booth processing. Yours truly looks ridiculous I know!
 

 

Here is a cool museum with all sorts of visual gadgets that blow your mind. Here is my daughter Sadie standing on her finger! Is she really doing that?

 

 

 

Many of the Japanese are Buddhist or Shinto or both. They throw coins in these shrine bins and make a wish. Before anyone showed up, I, being an ignorant idiot, thought it was a recycle bin and tossed in a beer can. I was immediately arrested and flogged. These below are doing it the correct way. (It DID look like a recycle bin. Trust me)

 

 

 

This is Tokyo Tower. It was destroyed and rebuilt three times, twice by Godzilla and once by Mothra. I, being afraid of heights, forced myself to jump onto this glass panel.

Although many stood on it, I was the only one brave enough to jump on it. The thought of it breaking by the jumping impact was with me the whole way thru the act and that fear is also what kept anyone else from doing it. The view from the Tower is also below.

 

 

The Japanese subways are jammed full during rush hour. Note my wife and daughter totally crushed. The picture doesn’t do full justice. I could not even reach in my pocket and they cram in until sometimes it’s literally hard to breath. Note my sister in law who lives there not even phased and on her I phone. The second photo is people crammed against the door as the train pulls away. I hope they have good locks on those doors.

 

 

That does it for now but I encourage anyone who has the means to definitely make Japan an item on your bucket list!

 

All the best,

Marc

 

PS: Japan has negative interest rates on many of their bonds.

 

What does this mean? Keep reading ….


 

Welcome

 

What we do:

Marc is an Investment Advisor Representative. Full service financial services, retirement planning, portfolio management and more are now available with the portfolio management overseen by Marc himself.

Moneymanagementradio.com offers contact information to speak with Marc one on one and learn about what we offer so keep reading!

Marc Cuniberti, award winning host of Money Matters and Money Management Radio, welcomes you to his updated website. Money Matters articles grace the pages of many newspapers and financial media. On this website, you can download any of his radio shows by subscribing on any website page. Sign up for his newsletter or learn about his opinions about the economic world around you by clicking around the site. Of course, the radio shows are the main reason the site is here, so look through the SHOW TITLES page to hear a variety of topics,one or more are certain to peek your interest and perhaps find a show(s) that apply to your particular interest or question. 

Download programs and listen at your convenience to his uncanny ability to forecast what's happening in the world and thier economies.

Just listen to the shows!

Marc has a unique ability to explain in the simplest of terms what's really going on in our markets and what everything means in language even the novice can understand. Don't be in dark any longer about investing, those stock market terms, or what it all means. Learn about money and you will be well on your way to improving your education about the world of money around you.

His shows are said to be addictive and once you hear one, you won't be able to stop listening. Although incredibly entertaining, riveting and even humorous, the real advantage to his analysis and commentary is that it MAKES SENSE!

Listen to a show and see what we mean. Economics and your money finally have a friend that can help you understand what's really going on around us.

 

 A limited amount of shows are now available and this website is now at no cost by simply signing up!

 

Sign up for this no cost website now. By signing up you can download all the shows you want, have access to all our material and keep up with the markets and the economic world around you.

Like many others, you will hear why “Money Matters” by Marc Cuniberti is the fastest growing economic show on radio.

 

 

   

Services:

There are many financial products in the market, and so choosing the ones that best meet an individual client’s needs can be complicated.  Informed decisions about the products in any portfolio are best made after an assessment of individual needs. After speaking with Marc, you are better informed when the time comes to choose from a comprehensive lineup of products and services and with Marc's help select those that address your unique situation.

 

Products and services include:

Complete portfolio management

Stocks & Bonds

Complete portfolio management

Mutual funds

Exchange Traded Funds (ETF)

Alternative Investments

  • Real Estate Investment Trusts (REITs)
  • Oil & Gas programs
  • Master Limited Partnerships

Certificates of Deposit (CD)

Individual and Group Retirement plans

  • 401(k)
  • SEP
  • SIMPLE
  • IRA

Take a minute to click here and contact Marc directly to schedule a no obligation phone call or meeting:

 

Email: mcuniberti@cambridgesecure.com.  Phone (530) 823-2792 (Please use only this email for all communications to Mr. Cuniberti. Do not use any email addresses given on any shows or other material except mcuniberti@cambridgesecure.com).

 

This website expresses the opinions of Marc Cuniberti. Past performance does not guarantee results. Mr. Cuniberti is an Investment Advisor Representative through Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Marc can be contacted at MKB Financial Services 164 Maple St #1, Auburn, CA 95603 (530) 823-2792. 

Discussions on any radio show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions.

Material discussed is meant for general illustration and/or informational purposes only, and it is not to be construed as investment, tax, or legal advice. Although the information has been gathered from sources believed to be reliable, please note that individual situations can vary. Therefore, the information should be relied upon when coordinated with individual professional advice.

Advisory services offered through Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor.  MKB Financial Services, Inc. and the Cambridge Investment Group companies are not affiliated.  CA Insurance License #0B68328"