As we turn the calendar to October, the markets continue to show signs of volatility. Today, Shanna and Jon are here to explore what's happened since our last check in, 3 months ago.
In September, the Fed raised the interest rate another 0.75%. What does that mean for our listeners, and are we closer to a recession than we were a quarter ago?
While that's not an easy question to answer, it's important to look at what makes our current condition unique. This includes household debt to asset ratios, and the differences in personal consumption of goods vs services.
Should our listeners hold tight? Shanna closes by answering that question.
Want to know more? Contact Shanna Tingom and the team at Heritage Financial Strategies: https://www.heritagefinancialaz.com/