Re/Imagine Wealth: Recent Episodes
Katherine Fox, CFP(R), CAP(R)
Midterms, midterms, midterms! Also, it finally stopped raining in Portland, inflation may be cooling down, and FTX claims the title for latest crypto meltdown with a potential $16 BILLION dollar loss for depositors. Happy Friday!
Verbal misstep in the first 30 seconds. I do know that it was the Portland City Council that banned unsanctioned camping - chalk it up to Friday!*
Portland's City Council bans unsanctioned camping & effectively criminalizes homelessness, the RSV outbreak provides an reminder on the importance of government regulation, and the Federal Reserve's latest news & moves on interest rates. Plus, it's still raining!
10 minute news recap. The World Series, Elon Musk buys Twitter, I-Bonds, inflation, a flashing recession indicator, and a big week in tech earnings. Plus, it's still raining!
Market watchers and the financial media got excited this week when yields on the 10-year Treasury Note and 3-month Treasury Bill inverted. I break down what Treasury yields mean, what a yield curve inversion is, and why anyone cares when this happens.
Spoiler alert: it may mean a recession is coming sooner than later!
10 minute news recap. Liz Truss, mortgage rates, the Fed, market moves, Oregon's tight race for governor, and our new Roomba!