Rate Cuts: Macro Economics vs. Personal Finance (7/27/2024)
Manage episode 431306035 series 3083349
Recent GDP data shows higher-than-expected growth driven by robust consumer spending, suggesting a healthy economy… But does your personal finances feel the same way? Our discussion also covers the Federal Reserve's potential interest rate cuts amid moderating inflation and strong GDP growth, and their implications for the economy and stock market. We also talk about the importance of planning, understanding market volatility, and the differences between income-focused and growth-focused portfolios. Finally, we touch on estate planning topics such as the step-up in basis, required minimum distributions (RMDs), and the fairness of estate taxes.
Listen, Watch, Subscribe, Ask!
https://www.therealmoneypros.com
Hosts:
Brian Wiley
Jeremiah Bates
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SPONSORS:
Guild Mortgage:
Ataraxis PEO
Tree City Advisors of Apollon:
https://www.treecityadvisors.com
Apollon Wealth Management:
https://apollonwealthmanagement.com/
Formations:
https://get.formationscorp.com/real-money-pros
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