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Retire With Purpose - The Retirement Podcast

302: Bear Markets and Recession Risk: 3 Ways to Get Through Tumultuous Times

Retire With Purpose - The Retirement Podcast

Casey Weade

Investing, Business, Self-improvement, Education

4.7564 Ratings

🗓️ 15 July 2022

⏱️ 19 minutes

🧾️ Download transcript

Summary

This week's retirement reading is from A Wealth of Common Sense titled, What's Priced Into the Stock Market? Listen in as Casey Weade breaks down the article and shares what he thinks! Today's episode can also be accessed by visiting Howardbailey.com/302

Show Notes: Howardbailey.com/302

Rate & Review the Podcast: RetireWithPurpose.com/review

Sign Up to Casey's Weekend Reading Email!

Sifting through the copious amount of conflicting financial advice and retirement information can be daunting - but it doesn't have to be! Each week, Casey makes it super easy. He hand-picks 4 of the most important articles you need to read, that are beneficial to you whether you're at, near, or in retirement! If you want them sent straight to your inbox, sign up by visiting RetireWithPurpose.com/weekend-reading

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to the Retire with Purpose podcast, a show specifically designed to help pre-retirees and retirees maximize their financial confidence.

0:14.4

Casey Wheat is a certified financial planner and president of Howard Bailey Financial.

0:18.4

His newest book, Job Optional, is a Wall Street

0:21.3

Journal bestseller and is available now on Amazon and at Retirewithpurpose.com. He's your host on

0:27.9

Retire with Purpose. Hey, I'm Casey, and I believe in retirement strategies that are driven

0:33.7

by meaning and purpose. Join me this week and every week as we discuss thoughts and ideas

0:40.3

with some of today's foremost experts in the field of finance and retirement, as well as

0:45.8

discussing trending topics that could impact your bottom line. These discussions can help you

0:51.5

make better financial decisions so you can live the lifestyle you've always imagined and deserve.

0:58.0

Welcome to the show.

1:02.4

Hey, what's up, y'all? I am here today with my good friend and co-host for these Friday editions of the podcast.

1:07.2

I've got Marshall Johnson here with me.

1:08.8

Hey, hey, what's up, buddy?

1:09.8

Hey, this is our opportunity to cover a weekend reading article with you. As we do every Friday, we take those four articles that we drop into your inbox every Friday and trending topics in the retirement planning space. We like to highlight one of those and have a little conversation around it. Maybe you're a reader. Maybe you just want to dive in deeper. Maybe you don't want to read. You just want to listen. Well, this is your opportunity to do that here with us. And if you don't know what weekend reading is, sign up at retire with purpose.com. And you will receive an email every single Friday. Those four articles, summaries, takeaways from myself, in addition to invitations to webinars, white paper

1:45.7

giveaways, book giveaways, all kinds of great stuff there. If you're not in a position where

1:51.2

you can hop on the internet right now, go to retire with purpose.com. You can also just text us

1:54.8

the keyword WR, key letters, WR at 866, 482, 9559. We'll send you a link to get yourself signed up. Today, we're going to be covering an article on the stock market. And it is from a wealth of common sense. It is titled, What's Priced Into the Stock Market? So, Marshall, get that crystal ball out and tell us what's priced into the

2:19.2

market right now. Which way is it going to go next? Yeah, I love Ben Carlson. This is his blog. He puts out

2:24.7

really good data. And he tries to answer questions that are top of mind, right? I think a lot of

2:29.7

times when it comes to the stock market, you hear that phrase, well, it's priced in, or we knew interest rates were going to go up, meaning it had already been reflected in stock prices.

2:39.7

And I think there's some common sense to that when the Fed comes out and for multiple meetings in a row says we're going to raise rates, we're going to do it this much.

2:48.2

And, you know, some of that is already baked in or priced in.

...

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