Its Official: Rate Cuts Are Here—These Are Winners and Losers
Ken McElroy Show
Ken McElroy
4.8 • 692 Ratings
🗓️ 13 August 2024
⏱️ 15 minutes
🧾️ Download transcript
Summary
Ken and Danille McElroy explore the potential impacts of the Federal Reserve’s expected rate cuts in September, analyzing who stands to benefit and who might face challenges. With rising unemployment, inflation pressures, and the uncertain economic landscape, this discussion breaks down what you need to know to stay ahead.
• • •
Visit Ken's Bookstore: https://kenmcelroy.com/books
• • •
ABOUT KEN: Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, and The ABC’s of Property Management. With over two decades of experience in real estate investing, Ken McElroy is passionate about sharing the good life by helping real estate investors grow and prosper. This podcast is a place for Ken to discuss numerous topics connected to real estate investing, including finance, budgeting, the entrepreneur mindset, and creating passive income. Ken offers a wealth of personal experiences, practical advice, success stories, and even some informative setbacks, all presented here to educate and inspire. Whether you’re a new or seasoned investor, the information and resources on this channel will set you on a path where you and your investments can thrive.
Ken's company: https://mccompanies.com
• • •
DISCLAIMERS: Any information or advice available on this podcast is intended for educational and general guidance only. Ken McElroy and KenMcElroy.com, LLC shall not be liable for any direct, incidental, consequential, indirect, or punitive damages arising out of access to or use of any of the content available on this podcast. Consult a financial advisor or other wealth management professional before you make investments of any kind.
Although Ken McElroy and his affiliates take all reasonable care to ensure that the contents of this podcast are accurate and up-to-date, all information contained on it is provided ‘as is.’ Ken McElroy makes no warranties or representations of any kind concerning the accuracy or suitability of the information contained on this podcast. Any links to other websites are provided only as a convenience and KenMcElroy.com, LLC encourages you to read the privacy statements of any third-party websites. All comments will be reviewed by the KenMcElroy.com staff and may be deleted if deemed inappropriate.
Comments that are off-topic, offensive, or promotional will not be posted. The comments/posts are from members of the public and do not necessarily reflect the views of Ken McElroy and his affiliates.
© 2024 KenMcElroy.com, LLC. All Rights Reserved.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Welcome to the Real Estate Strategies podcast. Let's get right into this episode. |
| 0:04.7 | If the Fed starts to lower rates in September, what can we expect? And more importantly, |
| 0:10.6 | who will the winners and losers be? This is an incredible topic because I think a lot of people |
| 0:17.0 | are hanging on these quarter point, quarter point. It seems like a little bit of a |
| 0:21.2 | marketing and a political play to me. But we are expecting them to lower rates a quarter of a point |
| 0:26.3 | in September. They haven't specifically said that, but they've alluded to it. Anyway, no, I, for |
| 0:32.5 | all of us, what, the fastest rates increases in 25 years. So we've all just felt the pain. |
| 0:39.6 | And thankfully, inflation is now, it's about two and a half, I think. |
| 0:43.7 | So, and there is a bit of a lag. |
| 0:45.6 | So it's going to continue to come down. |
| 0:47.7 | So the corner point is probably not a bad strategy, but I can't imagine it's going to do much. |
| 0:53.1 | Well, you have to think, though, for one, |
| 0:54.9 | I think a big thing that it does is it signals to corporations, hey, don't let go of your |
| 1:01.1 | people's, you know, don't, don't, because, you know, as we'll talk about later, we're starting |
| 1:05.4 | to see higher jobless numbers. So don't let go of anyone yet. Don't worry. We got your back. We're going to be lowering rates, you know, more continually. |
| 1:12.8 | The one thing I always say, though, with investing hope is a bad strategy. |
| 1:18.0 | So you can't hope. |
| 1:18.9 | Like, but I do get the quarter point. |
| 1:21.4 | I get it. |
| 1:22.7 | Right. |
| 1:23.6 | And maybe and hopefully it's, it's the beginning of, you know, several. |
| 1:29.0 | Well, and it's right before the election. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Ken McElroy, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Ken McElroy and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.