The Clark Howard Podcast 03.17.23 Ask An Advisor With Wes Moss
8 snips
Mar 17, 2026 A deep dive into a historic oil supply disruption and how geopolitical shocks ripple through prices and markets. Practical talk on portfolio moves like rebalancing, 401(k) inflows, and gifting from large retirement accounts. A surprising look at AI not killing jobs but expanding work hours and fueling burnout. Quick takes on bonds versus savings and when cash reserves actually matter.
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How Oil Shocks Ripple Through Markets
- Global oil supply disruptions drive sharp oil price swings that immediately pressure broad stock markets and raise inflation risks.
- Wes Moss notes the Strait of Hormuz handles 20–25% of world oil and shocks can push oil $10/barrel ≈ $0.25/gallon at the pump.
Rebalance Based On Allocation Drift
- Rebalance when your portfolio allocation drifts, not just because the market fell a round percentage.
- Wes Moss recommends returning to your target mix (e.g., move stocks back to 70%) and pay close attention when equities drop ~20% to add selectively.
Spread Large Retirement Withdrawals To Lower Taxes
- Manage large retirement withdrawals by spreading gifts over years to avoid jumping tax brackets.
- For John, Wes advises watching tax-backet room and coordinating withdrawals with a CPA to prevent moving from 24% to 32% rates.
