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.
Monday, May 20 2013 10:05 AM EDT2013-05-20 14:05:46 GMT
According to the Center for Disease Control, it is estimated that 3.5 million children are bitten by dogs each year, and most victims are children under the age of 9.
According to the Center for Disease Control, it is estimated that 3.5 million children are bitten by dogs each year, and most victims are children under the age of 9.
Monday, May 20 2013 9:50 AM EDT2013-05-20 13:50:16 GMT
Bestselling author Brad Thor is in town for the annual Metro Detroit Book and Author Society luncheon. But before the event, he stopped by FOX 2 News Morning to talk about his upcoming novel, "Hidden Order."
Bestselling author Brad Thor is in town for the annual Metro Detroit Book and Author Society luncheon. But before the event, he stopped by FOX 2 News Morning to talk about his upcoming novel, "Hidden Order."
Monday, May 20 2013 7:28 AM EDT2013-05-20 11:28:36 GMT
When it comes to live performances, Kid Rock seems to prefer the real thing. Rock slammed lip-synchers when he took the stage at the 2013 Billboard Music Awards.
When it comes to live performances, Kid Rock seems to prefer the real thing. The Detroit rocker slammed lip-synchers when he took the stage to present the award for Top Rap Song of the year at the Billboard Music Awards Sunday night.
Tuesday, May 21 2013 9:50 AM EDT2013-05-21 13:50:04 GMT
Find out how you can help the victims of Monday's deadly tornado that ripped through the Oklahoma City suburbs, killing dozens and flattening neighborhoods, schools and businesses.
Find out how you can help the victims of Monday's deadly tornado that ripped through the Oklahoma City suburbs, killing dozens and flattening neighborhoods, schools and businesses.
Tuesday, May 21 2013 7:43 AM EDT2013-05-21 11:43:15 GMT
Gustav Nyquist and Drew Miller scored 31 seconds apart midway through a previously scoreless game, helping the Red Wings beat the Blackhawks 3-1 on Monday night for a 2-1 series lead.
Gustav Nyquist and Drew Miller scored 31 seconds apart midway through a previously scoreless game, helping the Red Wings beat the Blackhawks 3-1 on Monday night for a 2-1 series lead.
Tuesday, May 21 2013 7:35 AM EDT2013-05-21 11:35:00 GMT
Police say a 55-year-old woman is dead and two men are wounded following a shooting at a vacant Detroit residence believed to have been used for drug activity.
Police say a 55-year-old woman is dead and two men are wounded following a shooting at a vacant Detroit residence believed to have been used for drug activity.
Tuesday, May 21 2013 7:23 AM EDT2013-05-21 11:23:29 GMT
Basehunters, a storm chasing team from Norman, Okla., captured over three minutes worth of video showing Monday's deadly monster tornado that roared through the Oklahoma City suburbs.
Basehunters, a storm chasing team from Norman, Okla., captured over three minutes worth of video showing Monday's deadly monster tornado that roared through the Oklahoma City suburbs.
Monday, May 20 2013 11:08 PM EDT2013-05-21 03:08:56 GMT
A small dog was taken from a woman's car on Sunday. Now a woman claims she wasn't trying to steal the dog. She was trying to save its life because it was locked in a car on a hot day.
A small dog was taken from a woman's car on Sunday. Now a woman claims she wasn't trying to steal the dog. She was trying to save its life because it was locked in a car on a hot day.
Monday, May 20 2013 11:03 PM EDT2013-05-21 03:03:59 GMT
Some residents in Clinton Township say they are upset over a horrible smell that seems to be at its peak when temperatures soar. They claim it has been going on for years.
Some residents in Clinton Township say they are upset over a horrible smell that seems to be at its peak when temperatures soar. They claim it has been going on for years.
Monday, May 20 2013 9:54 PM EDT2013-05-21 01:54:16 GMT
Wayne County Circuit Judge Wade McCree is fighting to save his job and his career. Monday, the woman who was once his mistress testified about their numerous sexual encounters.
He once said there was no shame in his game, but now Wayne County Circuit Judge Wade McCree is fighting to save his job and his career. Monday, the woman who was once his mistress testified about their numerous sexual encounters.
