Rob Black’s Winners and Losers: What is next for Apple stock?


In today’s edition of Rob Black’s Winners and Losers, our financial expert Rob Black and KRON4’s James Fletcher talk about US and Mexico trade relations, Starbucks, and saving for retirement in America.

Rob also answers the viewer question, “What is next for Apple stock?”

Winner:  U.S., Mexico Agree to Nafta Deal as Canada Awaits Talks  . .  .President Donald Trump has signed off on a bilateral agreement with Mexico to revamp the North American Free Trade Agreement, and an announcement is expected later, according to two people familiar with the matter.There is no deal reached yet with Canada. As has been the case over a year of intense and sometimes fractious negotiations to update the decades-old Nafta, it’s not the end of the road. But optimism is running high of salvaging the pact that Trump has threatened to scrap.

Winner:  Starbucks’ Pumpkin Spice Latte returns Tuesday  . . . You haven’t started your Labor Day barbecue yet, but fall is here – at least at Starbucks.   Its Pumpkin Spice Latte will return for the season on Aug. 28.   This year marks the much-awaited autumn drink’s 15th birthday, and over the decade and a half the beverage, known by its initials PSL, has become a fan favorite.  The familiar taste of pumpkin spice has been embraced by many other brands and now can be found in products ranging from ice cream to liqueur.
Loser:  1 in 3 Americans have less than $5,000 saved for retirement . . . The vast majority of Americans, 78 percent, say they’re “extremely” or “somewhat” concerned about not having enough money for retirement. And for good reason: A shocking 21 percent of Americans have nothing at all saved for the future and another 10 percent have less than $5,000 tucked away.     That means about a third of Americans have only a few thousand dollars put away, or less, for their golden years.



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