EPISODE · Oct 16, 2024 · 20 MIN
Economic Challenges and How to Weather Them
from KP Talks Dollars and Sense · host Kevin Peranio
Rates don’t follow a straight path.The 10-year Treasury is at 4.02%, and the market is responding.Strong job reports and solid economic growth are in play.We’re expecting a 25 basis point cut in November, and another in December, but a 50-point cut isn’t likely right away.Rates remain high, especially for lower-income individuals, but cuts are on the way—slowly but surely.Currently, there are 8 million open positions, but those quitting their jobs are finding it tougher to secure new opportunities.Here are the highlights of the episode:00:00 Job Market Update01:43 Show and Weather02:42 Interest Rate Predictions03:31 Job Market Analysis04:18 CPI and PPI05:09 Housing Market05:57 Q4 Outlook06:37 Geopolitical Tensions07:23 Hurricane Helene18:34 Global Economic ComparisonSubscribe and follow for weekly updates on market trends!https://linktr.ee/kptalksdollarsandsense#KPTalksDollarsAndSense #InterestRates #FedUpdate #Economy2024 #FinanceTips #JobGrowth #Inflation #JobOpenings #EconomicNews #ConsumerSpending
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Rates don’t follow a straight path. The 10-year Treasury is at 4.02%, and the market is responding. Strong job reports and solid economic growth are in play. We’re expecting a 25 basis point cut in November, and another in December, but a 50-point cut isn’t likely right away. Rates remain high, especially for lower-income individuals, but cuts are on the way—slowly but surely. Currently, there are 8 million open positions, but those quitting their jobs are finding it tougher to secure ne...
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Economic Challenges and How to Weather Them
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