Are We Headed Towards a Recession? How to Prepare Yourself
We’re in the middle of earnings season and data is coming in, so Scott will tackle the question: Are we heading for a recession?
We’re in the middle of earnings season and data is coming in, so Scott will tackle the question: Are we heading for a recession?
As of yesterday, the Federal Reserve announced a larger-than-expected interest rate cut of 50 basis points, surprising many who anticipated a smaller 25-point reduction. Scott has had several clients reach out to him about this unexpected move. So in today’s episode, we’ll talk about the implications of this decision, especially for those nearing retirement or facing major financial decisions.
This week on the Wealthy Pilot’s Podcast, we’re focusing on interest rates and their impact on the stock and bond market. With recent fluctuations in the market and potential rate changes on the horizon, it's crucial to understand how these factors can affect your financial strategy, especially for those nearing retirement.