The Fed Spoke… And The Market Listened

Money Tree Investing

Money Tree Investing Podcast

Stockmarket, Valuestocks, Investing, Finance, Passiveincome, Wealth, Business, Personalfinance

4.6 • 658 Ratings

🗓️ 8 November 2023

⏱️ 53 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

This week the Fed spoke and the market listened. Here is what it heard...

We still don't believe you J Powell... We know you will lower rates next year.
The markets should be higher despite any rational thought.
HODL
Nuff Said...
Mic Drop...

And in other news... People still cannot pay their credit card bills... or buy new homes... or afford to continue to spend on a debt fueled buying binge... And no one seems to notice or care. Alice in Wonderland is plain vanilla might be able to understand this, but not many others can.

For more information, visit the show notes at https://moneytreepodcast.com/the-fed-spoke-market-listened-inflation-553

Today's Panelists:

Kirk Chisholm | Innovative Wealth
Douglas Heagren | ProCollege Planners

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Transcript

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0:00.0	Welcome to the Money Tree Investing Podcast.
0:04.8	Stock market, wealth, personal finance, value stocks, invest in your life.
0:11.0	Hello, Smart Money Tree Podcast listeners.
0:12.8	Welcome to this week's show.
0:13.9	My name is Kirk Chisholm and I'll be your host.
0:15.9	So today I'm joined with him again, my good friend Doug Hey, Greg.
0:18.9	Hey, Doug.
0:19.8	Hey, Kirk.
0:20.4	Happy Friday once again. Back
0:21.8	finally on schedule because I know that we've had to shift these a few times and I think in the
0:26.6	next week or two we're going to shift it again. It's crazy times, but it's always pleasure
0:30.0	to being with you on a Friday. Always enjoyable. It's people keep sending me this video every Friday.
0:34.6	This guy gets out of the car and like, it's Friday. What? It's Friday? He starts dancing alongside of the car. It's like one of my favorite video. All right,
0:40.5	well, let's just kind of dive right in here. And happy Halloween to anyone, because we missed telling
0:44.7	everybody happy Halloween last time. And I don't have a costume here, so I feel out of place. But anyway,
0:49.5	I do want to say, though, my kids, any of you have kids and you're trying to teach them about personal finance,
0:54.7	it's funny because my kids need to learn a little lesson. But yesterday, I got to ring at the doorbell.
1:00.1	Of course, my dogs are going nuts and it's like, you know, my dogs and come to find out,
1:03.8	there's like two young girls. And I think they were fifth and sixth grade. So they come by,
1:08.5	they're like, we want to rake your leaves. And this was yesterday before the leaves are rakes. So my yard was a mess and the cleaners came and they
1:14.8	come all away. Anyway, they leave me this note. Do you need your leaves raked and bagged? These two
1:20.8	young girls will do it for you. We're young students, fifth sixth grade, we live on this road.
	...

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