Aug 08 2024 18 mins
Brian and Brett are back and in this episode they discuss the anticipation and anxiety surrounding a potential interest rate cut by the Federal Reserve in September. Thery explore the impact of interest rate cuts on the economy, investors, and savers. The conversation also touches on topics such as mortgage rates, inflation, and the future of Social Security. Additionally, the hosts discuss the importance of financial education and mindset in achieving financial goals.
- 00:00 The Anticipation and Anxiety of an Interest Rate Cut
- 01:57 Buying Opportunities in a Market Downturn
- 03:23 The Impact of Lower Interest Rates on Borrowers and Savers
- 04:23 The Current State of Mortgage Rates
- 09:34 Inflation and its Effect on Middle-Class Americans
- 15:18 The Importance of Financial Education and Mindset