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Rosy Job Numbers Give Fed More Wiggle Room -- Eddie Siddell #5832

Rosy Job Numbers Give Fed More Wiggle Room -- Eddie Siddell #5832

FromKerry Lutz's--Financial Survival Network


Rosy Job Numbers Give Fed More Wiggle Room -- Eddie Siddell #5832

FromKerry Lutz's--Financial Survival Network

ratings:
Length:
12 minutes
Released:
Jun 13, 2023
Format:
Podcast episode

Description

During the meeting, Kerry Lutz and Eddie Seidel discussed the recent job numbers and consumer credit. Eddie pointed out that the added jobs are lower paying and without benefits, and they discussed the potential impact of high levels of consumer credit on the economy. Eddie suggested being cautious with investments and hedging in sectors such as manufacturing, energy, and utilities. They also touched on the narrowness of the market and the potential for a come-to-Jesus moment with valuations. Eddie suggested that the economy may not be as strong as people are touting it to be, and that the feds may take a pause or skip an interest rate increase. They also discussed the potential impact of inflation and the importance of being cautiously optimistic. Visit Eddie at: https://EGSIFinancial.com Visit FSN at: https://FinancialSurvivalNetwork.com  
Released:
Jun 13, 2023
Format:
Podcast episode

Titles in the series (100)

The Financial Survival Network is dedicated to helping you build your financial fortress so that you can survive and thrive in the new economy. It's all about what's next!