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Money Matters 8/25/24

Money Matters 8/25/24

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On today’s episode of Money Matters, Wes is joined by Capital Investment Advisor’s Chief Investment Officer, Connor Miller. They examine The Federal Reserve’s latest actions, including Chair Jerome Powell’s speech at the Jackson Hole Symposium. They analyze the timing of inflation vs. Georgia Bulldog championships. They look at housing data, including a significant boost in supply and how high mortgage rates have kept people in their homes, thus slowing the market. They discuss a recent and sizable job number revision from the Bureau of Labor Management. They discuss the overall work-from-home trend and how it looks now in 2024. They talk about the difference between re-election and open-election years and their effects on the stock market. They touch on the importance of core pursuits for happy retirees, and Wes asks Connor what his are. They stress how participation (time in the market) is much more crucial than trying to time the market perfectly. Finally, Wes shares the news about the new Happy Retiree Planner.
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