Welcome to another exciting episode of The Personal Wealth Coach Podcast with your hosts, Jeff and Jake McClure. This week's S&P 500 Stock Index and CRSP US Mid Cap Value Index were not a thing of beauty as they have been most of this year, but as they say, it could have been worse. After our market updates, we start out with tariffs. While tariffs may be imposed on specific goods or countries, it's not the shipper that pays those tariffs. So, who does? There is quite a bit of talk about the differences or in some cases, lack of differences between presidential campaigns. One of our issues in the U.S. of A. is a large labor shortage. Obviously, we all need to go out and get a second or third or maybe even forth job. Then we wouldn't have to worry about those grocery prices. Jake boasts about looking at Federal balance sheets... sounds like fun. But, because of that there is a little bit of light at the end of the tunnel for the real estate market.
This episode was recorded on November 15th, 2024.
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** The information provided in this episode is for educational purposes only and should not be considered investment advice. We are “The Personal Wealth Coach,” which is also the name of an SEC-registered investment advisory firm. However, being registered with the SEC does not authorize us to provide investment advice. Investment advice should be personalized, offered in a private setting, and be in the best interests of the individual as a fiduciary. If we make any fraudulent statements, you should report them to the SEC. The information presented in this educational episode has been obtained from sources that we deem to be reliable, but we make no warranty or guarantee as to the completeness or accuracy of said information.