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From Cheap Money to Bankruptcies | Weekly Business Briefs w/ Martin Perdomo
Manage episode 428204873 series 2798833
Contenu fourni par Martin Perdomo "The Elite Strategist". Tout le contenu du podcast, y compris les épisodes, les graphiques et les descriptions de podcast, est téléchargé et fourni directement par Martin Perdomo "The Elite Strategist" ou son partenaire de plateforme de podcast. Si vous pensez que quelqu'un utilise votre œuvre protégée sans votre autorisation, vous pouvez suivre le processus décrit ici https://fr.player.fm/legal.
Is the era of cheap money finally over? Discover how a minor shift in the unemployment rate could set off a chain reaction, prompting the Federal Reserve to raise interest rates and what that means for your loans and mortgages. We discuss the Fed’s tightrope walk as they handle rising inflation and the implications of potential policy changes on both consumers and businesses. Other economic indicators suggest weaknesses in the labor market, adding another layer of complexity to the Fed's balancing act.
Amidst this economic uncertainty, we turn our focus to the alarming surge in bankruptcy rates in 2023. We break down how high interest rates have driven many companies, including notable names like Silicon Valley Bank and Bed Bath & Beyond, to file for bankruptcy. Lastly, we navigate the political landscape with a spotlight on President Biden’s decision to run for re-election and the potential rise of Vice President Kamala Harris. Could she be the Democratic Party's future leader, or will other heavyweight contenders emerge? Tune in for an in-depth discussion on these pressing issues.
This episode is brought to you by Premier Ridge Capital.
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This episode is brought to you by Premier Ridge Capital.
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