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The Economy is Switching Gears. Important Things to Consider for Q4 2023 and Beyond
For most of 2023, investors have been switching gears in this economy against an ever-evolving macroeconomic backdrop. From the war in Ukraine to the Middle East, social anxiety is up. Even the economic growth of the top ten companies in the world isn’t enough to abet fear. Beyond that, inflation has proven to have staying power. Currently, the economic growth in the US is supported by resilient consumers. Many of them are dipping deeper into their savings and investments while also spending on credit. However, there have been signs of a rally in energy prices while consumer pessimism climbs. People are tired in 2023 and are in need of a…
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The Next Recession and Taking Advantage of the Rebound
Getting into and out of a Recession is no easy feat. On this episode of the Financial Griot podcast, the team discusses how we got to this point in which recession fears are looming and also what you can do pre-, during- and post recession to thrive. Millionaires are made during recessions. Learn how to position yourself to win.
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Here’s How to Invest by Age Before the Next Recession
No matter how much we fight, we will hit a recession in the near future. With inflation hitting all time highs, investing is now a mandatory requirement of your wealth strategy.
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From Inflation to Recession, How to Master Modern Economic Vocabulary
Inflation, Recession and high prices are dominating the news lately. After two years of government stimulus payments, eviction moratoriums and student loans in forbearance to fight the pandemic, prices are finally catching up. Instead of being swept into this moment of confusion, it is time to brush up on the basics of macroeconomics. Hope this serves as a one-stop shop for information as your personal economy continues to develop. You can also dive into the details on each topic via Investopedia.com Do you even know what the Federal Reserve System is? For simplicity, the Federal Reserve System is the most powerful financial institution in the world. Most people call it…
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Hedge Against Recession with an Investment Portfolio that Builds Passive Income
With the stock market declines toward a recession, your next move should be your best move. Time to hedge losses with passive income.
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Subscribe to the Top 5 Retirement Planning YouTubers Now
With record high inflation and recession looming, retirement planning for most Americans is on the back burner yet again. Surprisingly, seventy-eight percent of Americans surveyed stated that they were either “doing OK financially” or “living comfortably” in the quarter of 2021, according to the Fed’s Survey of Household Economics and Decisionmaking (SHED), an annual poll of how U.S. adults are faring economically. In truth, many are struggling to keep up. Both instances can’t be right? Well Q1 2022 pulled the rug from under our feet. The rise of groceries and gas translates to an extra $5,000 of unanticipated expenses with one place to pull from, retirement savings. Either folks will…
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How to Survive the next Financial Recession with the Net Max Strategy
Was it last week or the week before; people panicked yet again. The flashy headlines, DOW plummets more than 800 points after Trump orders US manufacturers to leave China, Brace for a stock market drop if the Fed’s Powell doesn’t yield to Trump, The economist who first linked the yield curve to recessions sees ‘pretty high’ chance of downturn, Recession coming late 2019, Michael Jackson Stages Epic Come Back, Aliens Attack Mars, etc… All of this prompting, FB and social media hindsight punditry because they obviously already know it was coming since 2016. It’s sensationalism at its finest. I still remember people threatening to move to Canada if Trump became president. …
