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 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.
Friday, May 24 2013 12:07 PM EDT2013-05-24 16:07:12 GMT
Officials say the Detroit Institute of Arts' collection could be sold to help satisfy creditors if the financially troubled city of Detroit seeks bankruptcy protection.
Officials say the Detroit Institute of Arts' collection could be sold to help satisfy creditors if the financially troubled city of Detroit seeks bankruptcy protection.
Friday, May 24 2013 11:49 AM EDT2013-05-24 15:49:41 GMT
Investigators say the number of tips is dwindling in the kidnapping and slaying of a 5-year-old Michigan girl who disappeared four years ago and was found buried near a Michigan river.
Investigators say the number of tips is dwindling in the kidnapping and slaying of a 5-year-old Michigan girl who disappeared four years ago and was found buried near a Michigan river.
Friday, May 24 2013 10:15 AM EDT2013-05-24 14:15:15 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 8:27 AM EDT2013-05-24 12:27:33 GMT
If you'd like to contribute to the Oklahoma tornado relief efforts, FOX 2's Amy Andrews says you can drop off supplies at the Democratic Club of Taylor (23400 Wick Rd.) now through Sunday.
If you'd like to contribute to the Oklahoma tornado relief efforts, FOX 2's Amy Andrews says you can drop off supplies at the Democratic Club of Taylor (23400 Wick Rd.) now through Sunday.
Friday, May 24 2013 7:19 AM EDT2013-05-24 11:19:36 GMT
Michigan's public schools would get about 3 percent more and it's community colleges and universities about 2 percent more in overall funding next fiscal year under measures approved by Republican-led budget panels.
Michigan's public schools would get about 3 percent more and it's community colleges and universities about 2 percent more in overall funding next fiscal year under measures approved by Republican-led budget panels.
Friday, May 24 2013 6:47 AM EDT2013-05-24 10:47:05 GMT
Jimmy Howard stopped 25 shots as the Red Wings beat the Chicago Blackhawks 2-0 on Thursday night in Game 4 of the second round series to put the NHL's best team during the regular season on the brink of elimination.
Jimmy Howard stopped 25 shots as the Red Wings beat the Chicago Blackhawks 2-0 on Thursday night in Game 4 of the second round series to put the NHL's best team during the regular season on the brink of elimination.
