The Wall Street Sweeper with Russell Hackmann

In this episode of The Wall Street Sweeper, Russ Hackmann discusses the importance of having a solid financial plan, particularly as it relates to retirement income and market trends. He emphasizes the need for a financial checkup, the pitfalls of a 'paint by numbers' financial plan, and strategies for managing taxes on retirement income. Additionally, he addresses the rising costs of long-term care and the importance of planning f...

In this episode of The Wall Street Sweeper, Russ Hackmann discusses the importance of retirement income, the impact of AI on investment decisions, and insights into longevity and its implications for financial planning. The conversation covers market updates, economic insights, and the necessity of regular financial checkups, emphasizing the need for personalized financial strategies in a volatile market.  He emphasizes the ne...

Russ addresses the recent fluctuations in the stock market, emphasizing the importance of immunizing retirement portfolios against downturns. He highlights the need for comprehensive financial checkups and tax planning strategies to navigate the current economic landscape. The conversation also touches on the opportunities presented by the market's recovery and the significance of managing tax liabilities effectively. In this conve...

Russ Hackmann delves into significant economic trends and the importance of retirement planning. He explores the current market volatility, the implications of economic contraction, and the necessity for a resilient retirement strategy amidst uncertainty.  Russ discusses the importance of retirement resilience and how individuals can ensure their financial security regardless of market conditions. He contrasts traditional fina...

Russ covers the current economic landscape, highlighting the slowing economy, market volatility, and rising inflation.  The conversation also delves into fiduciary responsibilities, revealing common misconceptions about fiduciaries and the potential conflicts of interest that can arise.  Russ also challenges the traditional notion of diversification, arguing that many common strategies may not be effective in today's mark...

In this episode of The Wall Street Sweeper, Russ Hackmann discusses the current volatility in the market, emphasizing the importance of understanding financial planning amidst uncertainty. He highlights the role of financial advisors in helping clients navigate turbulent times and addresses the emerging influence of AI in investment decisions. The conversation also delves into the true nature of Wall Street and the need for investo...

Russ Hackmann discusses the current state of the economy and markets, emphasizing the impact of tariffs, market volatility, and the importance of strategic retirement planning. He highlights the need for investors to be prepared for potential economic downturns and offers insights into tax strategies for business owners. The discussion also covers long-term investment strategies and the significance of maintaining a balanced portfo...

In this episode of the Wall Street Sweeper, Russ Hackmann discusses the current state of the market, highlighting the significant downturn caused by broad tariffs and the potential for a recession. He emphasizes the importance of having strategies in place to protect investments and navigate the volatile economic landscape. The conversation also revisits core financial principles that can help individuals maintain stability in thei...

Russ discusses the current state of the markets, the impact of tariffs, and the importance of having a solid financial plan. He emphasizes the need for safe assets, cash flow management, and the significance of being proactive in retirement planning, especially in volatile economic conditions. The conversation also touches on the release of Russ's new book, 'Wall Street is Not Your Friend', and how it relates to the current financi...

In this episode of the Wall Street Sweeper, Russ Hackmann discusses the current economic climate, highlighting a significant drop in consumer confidence and the Federal Reserve's adjustments to growth and inflation estimates.  He shares information on a recent Market Watch article that referred to his upcoming book, 'Wall Street is Not Your Friend.' The conversation shifts to the performance of technology stocks, particularly ...

In this episode of The Wall Street Sweeper, Russ Hackmann discusses the current state of the markets, highlighting the significant volatility and the impact of tariffs and economic policies. He emphasizes the importance of protecting past gains and offers insights into investment strategies, including the roles of gold and cryptocurrency in a portfolio. The conversation also touches on the challenges posed by uncertainty in the mar...

In Russ' effort to keep us informed on economic news and what it means to us, he steps back for the majority of this podcast to take a broad view.  He also discusses Social Security and the challenges faced by the trust fund in 2034.  The conversation shifts to Russ' take on a Wall Street Journal article which asks the question:  "Why is Warren Buffet hoarding so much cash?"  Hackmann Wealth Senior Vice-Presiden...

In this episode of The Wall Street Sweeper, host Russ Hackman discusses the current market trends, the impact of tariffs on the economy, and strategies for retirement planning. With market turbulence erasing gains since the election, Hackman emphasizes the importance of defensive strategies for investors. He also explores the implications of tariffs on inflation and the economy, while providing insights into building a solid financ...

Russ discusses various financial topics including market performance, retirement planning, and the implications of inflation.  He highlights the current state of the markets, and the importance of tax planning. Additionally, Russ explores classic money sayings and their relevance in today's financial landscape, emphasizing the need for strategic financial planning to navigate potential economic challenges.  Hackmann Wealt...

Russ discusses the impact of tariffs on the economy.  He delves into inflation trends, the importance of estate planning, and answer listener questions about financial strategies. The conversation highlights the significance of asset allocation in retirement planning and the challenges faced by federal workers in the current economic climate.   Russ also offers his weekly market update and Hackmann Wealth Senior Vice...

Russ Hackman discusses the current market trends, focusing on the impact of Chinese AI on technology stocks, particularly Nvidia. He emphasizes the importance of diversification in investment strategies and explores the link between financial health and overall well-being.  Russ emphasizes the importance of long-term planning in investing and provide insights into market predictions based on January's performance.  Hackma...

Russ Hackman discusses the market's reaction to the first week of the Trump presidency, exploring economic indicators, investment strategies, and the implications of federal workforce changes. The conversation emphasizes the importance of balancing risk and growth in investment portfolios, while also reflecting on timeless financial wisdom through historical quotes.  Russ and Hackmann Wealth Partners Senior Vice-President Jack...

Russ Hackmann discusses the current state of the stock market, highlighting a weak start to 2025 with rising interest rates and mixed sector performances. He emphasizes the importance of proactive portfolio management and risk assessment as we navigate potential economic challenges. The conversation also draws parallels between financial fitness and physical health, advocating for diversified investment strategies and stress testin...

Russ Hackmann discusses the current state of the stock market, the impact of rising interest rates, and strategies for maintaining financial gains. He emphasizes the importance of having a solid financial plan rather than just a portfolio, especially in uncertain economic times. The conversation also touches on setting financial goals for the new year and draws lessons from Al Pacino's financial misadventures, highlighting the risk...