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Q3 2021 GDP, September Income & Inflation, & A Deep Dive on Debt Consolidation

Q3 2021 GDP, September Income & Inflation, & A Deep Dive on Debt Consolidation

FromFinance Explained by Family Finance Mom


Q3 2021 GDP, September Income & Inflation, & A Deep Dive on Debt Consolidation

FromFinance Explained by Family Finance Mom

ratings:
Length:
50 minutes
Released:
Nov 4, 2021
Format:
Podcast episode

Description

This week, I’ve got 3 major financial headlines for you…

Last week, the stock market hit new record highs again, finishing the month of October up +6.9%, it’s best monthly performance of the year. What’s behind the stock market’s soaring?
Next, last week, the Bureau of Economic Analysis released its first estimate for Q3 GDP… and it missed big - up just +2.0% for the quarter. Why were economists expecting more?
And third, last week we also got September’s data for Income and Consumer Expenditures, with more data on inflation. What does it tell us about prices and the financial health of consumers?

… after that, we will take a deep dive into a part of personal finance many consumers may find more necessary in the months to come - debt consolidation. Join me for a discussion with debt consolidation attorney, Leslie Tayne, as we talk about what is involved, red flags to watch for, and who might benefit from debt consolidation.
For more on this week's headlines: https://familyfinancemom.com/monday-market-update/

For more on Leslie Tayne, Tayne Law Group, PC:
www.taynelaw.com
www.facebook.com/TayneLawGroup/
twitter.com/LeslieHTayneEsq
www.linkedin.com/in/leslietayne
www.instagram.com/lesliehtayne
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Released:
Nov 4, 2021
Format:
Podcast episode

Titles in the series (76)

Finance Explained brings you the financial and economic news you need each week, along with an explanation of what it all means in a way everyone can understand, and more importantly, why it matters to YOU! Why did the market sell-off this week? Why is everyone suddenly worried about inflation? Why are interest rates rising or falling... and what you need to know about how it could impact your family’s finances. Welcome to Finance Explained… helping women everywhere build financial literacy and make better decisions for themselves, their families and their futures.