Minds Over Money
Minds Over Money
Cameron Brady, CFP
Episode 55: High Inflation, Home Sales Cool & Crypto Meltdown + The Goose and The Golden Eggs
20 minutes Posted May 24, 2022 at 9:08 pm.
] And this week’s financial planning topic is The Goose and The Golden Eggs: How to Turn Your Savings into Retirement Income. 🦢
] The first headline, “High Inflation Slowing Growth Raises Risk of Global Downturn”, is an article that explores how stagflationary pressures are putting economic markets around the globe at risk for a potential recession.
] The second headline, “U.S. Home Sales Cool Amid Higher Rates”, discusses how the red-hot housing market in the U.S. is finally showing signs of cooling due to higher interest rates and record-high average home prices.
] Our final headline, “Crypto Meltdown Exposes Hollowness of Its Libertarian Promise”, is a deep dive into the recent implosion of TerraUSD and Luna cryptocurrencies and the broader cryptocurrency market in the face of high inflation and increased stock market volatility.
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📰 On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio. [
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Hope you enjoy it!