Kerry Lutz's--Financial Survival Network

Car scams are all the rage these days. Scammers get you to wire money for a car that they've advertised. They get your money and you never get the car. It all seems so real and that's why we get so easily fooled. Another major scam is that fraudsters send you a link to report a fraud to the FBI. But it's not the FBI you're sending all your personal info to, and they quickly drain your bank accounts and run up your credit cards. The scams keep on coming!

New research by Dr. Lott using data on all the prisoners in the Arizona state prison from 1985 through June 2017 shows that illegal immigrants were 2.4 times more likely to be convicted of crime than U.S. citizens and they were 45% more likely to be members of gangs. This is the first data to allow researchers to clearly separate out the criminal behavior of legal and illegal immigrants.

Dr. John Lott is, without exception, the most prolific and influential writer on the topic of gun violence and gun control. He has credentials that would make most academics envious—with various stints at Stanford, Rice, UCLA, Wharton, Cornell, the University of Chicago and Yale. He now takes you deep inside the world of immigration and his views on its place in America!

Some of Jason's observations about the economy and investing. 

Dow falls 300 points as slump extends into second day
The Dow dropped more than 300 points Tuesday.

Jeff Bezos, Warren Buffett and Jamie Dimon's plan to get into the health insurance business sent health care companies tumbling. UnitedHealth (UNH) fell 3%, CVS(CVS) was off 5%, and Walgreens (WBA) shed 3%.

The Wall Street Journal also reported that Apple will make 20 million fewer iPhone X's this coming quarter than it had originally planned. The iPhone X, Apple's newest and most expensive phone, hit stores in November. Apple will give investors an update on sales Thursday during its year-end earnings report.

Apple (AAPL) sank 1% early Tuesday.

The market selloff so far is just minor turbulence in a relentless climb. The Dow closed down 177 points Monday, its worst day since September.

If the Dow closes down by more than 100 points Tuesday, it will be the first time since April 19 and only the third time since the November 2016 election that the Dow has fallen triple digits two sessions in a row.

"With higher interest rates globally and the State Of The Union speech on tap tonight, this could simply be some end of month jockeying," said Ryan Detrick, senior market strategist with LPL Research.

The Dow is up 8,000 points since President Trump's election. A growing global economy, strong corporate earnings and a wave of consumer confidence are pushing stocks higher. Congress' tax cuts and Trump's deregulation agenda have investors and CEOs feeling optimistic.