In today’s edition of Rob Black’s Winners and Losers, our financial expert Rob Black and KRON4’s Darya Folsom talk about Turkey, student loans affecting the US divorce rate, and Apple.

Rob also answers the viewer question, ” Is there a good way to invest in the marijuana boom?”

Loser:  Dow drops 300 points as Turkey crisis weighs, tech drops . . . U.S. stocks fell o as lingering concerns over Turkey’s financial crisis weighed on investor sentiment. Declines in tech shares and banks also pressured the broader indexes.  It looks like we took a breather yesterday but it seems like there is a bit of a contagion effect,” said Jack Ablin, founding partner of Cresset Wealth. Commodities are down, currencies are down” and emerging markets are down. “I don’t think I can sit here and tell you this is going away.”

Loser:  1 in 8 divorces caused by student loan debt . . .  When it comes to student loan debt, “for richer, for poorer” doesn’t quite cut it.    More than one-third of borrowers said college loans and other money woes contributed to their divorce, according to a recent report from Student Loan Hero, a website for managing education debt.  The average outstanding balance is currently $34,144, up 62 percent over the last decade. In addition, the percentage of borrowers who owe $50,000 or more has tripled over the same time perioda.

Winner:  Apple could launch glasses in 2020, Apple Car in 2023, predicts analyst with strong track record . . .    Apple could release a pair of augmented reality smartglasses in 2020, highly respected Apple analyst Ming-Chi Kuo predicts.   Apple could also release an “Apple Car” by 2023, according to the note.   The note is speculative, but Apple does have hundreds of employees working on both automotive projects and augmented reality prototypes.Kuo’s research has a strong track record of accurately describing Apple products often months before they officially launch. Kuo also makes a few predictions in the note about an Apple Car, which he says could be Apple’s next “star product” and could launch between 2023 and 2025. Apple is likely to tightly integrate servicesinto the car, which could allow Apple to enter into the car financing market, he forecasts in the note.

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