10.09.23 Interest Rates Are Normal / Battery Generators For Backup Power

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.6 • 4.9K Ratings

🗓️ 9 October 2023

⏱️ 37 minutes

🔗️ Recording | iTunes | RSS

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Summary

Today Clark puts interest rates in perspective, discussing where they’re headed and the impact of the national debt on rates. Also today: The home reliability market for power. Utility scale batteries are providing more reliable, lower cost backup power. And batteries are paying a role for home interruptions as well. What to know about battery alternatives to diesel & whole house generators Interest Rate Assessment: Segment 1 Ask Clark: Segment 2 Home Battery Generators: Segment 3 Ask Clark: Segment 4 Mentioned on the show Once Unthinkable Bond Yields Now the New Normal for Markets 9 Best Free Checking Accounts in October 2023 What Are Repositioning Cruises and Why Take One? Giant Batteries Helped the U.S. Power Grid Eke Through Summer Should I Rent My Roof To a Solar Panel Company for Income? Community Solar worth it? - Clark Howard Community Are Solar Panels Worth it? 3 Things To Consider Before You Get Solar Panels Clark.com resources Episode transcripts Community.Clark.com Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275 Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	The best stories are the ones that are constantly reinvented.
0:06.3	Like new Renault Clio E-Tec 4 Hybrid, a 145 horsepower engine, with up to 550 mile driving
0:13.2	range.
0:14.2	Enjoy its new assertive design and its free alping trim.
0:18.0	New Renault Clio E-Tec 4 Hybrid, same love, new energy.
0:22.8	Internal source based on new Clio E-Tec is free alping versus WRTP fuel consumption figures
0:28.2	real well.
0:29.2	Driving results may vary.
0:30.2	It's my pleasure to welcome you here at the Clark Howard Show.
0:38.6	Where our mission is to empower you with knowledge so that you can make better financial decisions
0:45.3	in your life.
0:46.6	I'm going to begin today with interest rates.
0:50.6	You know, the housing market is seeing very, very, very few applications for mortgages
0:58.0	because interest rates on mortgages have spiked to about seven and a half percent.
1:05.2	And what's going on where are they headed?
1:10.0	What's it going to do in terms of our economy?
1:13.2	Also want to talk about something that is going on in the home reliability market for power.
1:23.0	There's now a lot of options for you to at least keep the most basic systems operating
1:29.4	in your house with the unreliable nature of the power market in so many places in the
1:38.0	United States, leading to potential brownouts, blackouts, that sort of thing.
1:43.6	There's now alternatives to a diesel generator or a whole house generator and I want to talk
1:50.1	that through with you.
	...

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