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221: GDP Growth Slows - Recession Ahead?

221: GDP Growth Slows - Recession Ahead?

FromBe Wealthy & Smart


221: GDP Growth Slows - Recession Ahead?

FromBe Wealthy & Smart

ratings:
Length:
6 minutes
Released:
Jan 28, 2017
Format:
Podcast episode

Description

Learn key economic signs to follow. For the election, GDP grew over 3%. FED raised interest rates, now GDP is 1.9%, markedly lower. Where do we go from here? FED wants to raise rates 3 times next year. Housing prices are in a bubble - inventory is at a 17 year low! Housing moves in an 18 year cycle. Trump has policies to grow the economy, jobs, cut regulations and cut excess spending. Will have massive stimulus from infrastructure spending and the wall. Taxes being massively cut. The spending + reduced taxes will help GDP but growth must happen, so we need job creation badly. The FED controls interest rates. If they continue to increase rates, that’s a strong headwind against the economy. There’s a battle happening here! We’ll watch and see what happens.
Released:
Jan 28, 2017
Format:
Podcast episode

Titles in the series (100)

Money, personal finance and financial freedom - get your money to work harder for you so you don't have to work so hard. Linda made $2 million at age 39 and shares actionable knowledge to create wealth in the stock market, real estate, and business. Discover a wealth mentor who shows you a direct path to security, stability and financial freedom. This podcast has a balanced view of how to enjoy life, it is not about frugality. It won't show you how to save a few dollars, it will show you how to save tens of thousands of dollars. Short episodes get to the point without fluff and give you valuable advice you can put to work immediately. Learn the 6 Steps to Wealth by starting with creating a wealthy mindset. Listen to one podcast and you may find yourself binge-listening to the entire library of knowledge. Be sure to subscribe so you don't miss an episode.