Is Trade Killing US Industry?
December 8, 2016
Hosted by Mark Vickery and Mitch Zacks
The campaign season brought tough and sometimes harsh rhetoric on trade – from both sides of the aisle. A candidate running for president essentially has no choice. In order to reach Rust Belt voters dealing with the real pain of lost jobs and declining industry (as a result of those jobs moving overseas), a politician is required to address how they can bring those jobs back. Failure to address these job losses – and by extension, failure to propose a plan for reviving the manufacturing industry – is the equivalent of political suicide. When offering up a solution to bring back jobs and the U.S. economy, the favorite political target is trade: Trade is moving jobs overseas. Trade is killing the manufacturing industry. Trade is hurting the economy. Though trade is responsible for reshaping how resources and labor are allocated across an economy, this type of rhetoric fails to provide a comprehensive understanding of how. Hear more about this relevant topic on "The Steady Investor".
The Steady Investor
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With 73 percent of US consumers having less than $1,000 in their retirement plan, ZIM recognizes the need to help consumers begin to save more for retirement. The Steady Investor hosts Mark Vickery and Mitch Zacks each bring a different perspective, as they talk about financial and retirement topics that are on your mind, whether it is managing investments, stock market and current economic conditions or dealing with life’s curveballs.
Joining Mark and Mitch each week will industry experts and influencers that can translate what you need to know on the journey to retirement and provide advice that may be of great interest. It's never too early, or too late, to warm up your nest egg. No one's got your back when it comes to retirement savings. We will help you understand how to begin planning for retirement no matter what stage of life you are in.
Mark Vickery and Mitch Zacks
Mark Vickery is the Director of Research for as leading independent nvestment research firm in the country. Mark has hosted many radio shows, both online and terrestrial. Mark graduated from the University of Wisconsin at Madison.
Mitch Zacks is the Managing Director and Portfolio Manager at Zacks Investment Management and oversees investment research activities at the firm. Mitch has spent eighteen years researching, developing and managing quantitatively driven portfolio management strategies in the equity markets. Mitch used to write a finance column for the Chicago Sun-Times and has written two books on quantitative investment strategies. Mitch graduated cum laude from Yale University. He received his M.B.A with High Honors from the University of Chicago. As managing Director of Zacks Investment Management, Mitch oversees over $3.5 billion dollars in assets under management.
Mitch has been featured on multiple television and radio shows, as he is known as someone that understandings the market and what the underlying trends may be.