Is There a Recession on the Horizon?

This week on our market update, Catherine, Rachel, Steve, and Vince dive into the latest trends and potential impacts from the Trump election on the economy. They discuss key topics like stock market indices, the federal rate, CPI, and CDs, while Rachel explores tax policies, including the Corporate Tax and Jobs Act. Steve breaks down how Trump's presidency may affect trade policies, tariffs, and the possibility of an economic reversion. With rising credit card debt and a slowing consumer market, the team discusses the potential for an impending recession. Steve also shares his optimistic view on AI's long-term potential, particularly in healthcare, but notes short-term challenges for corporations. Tune in for insights on what's shaping the market! If you want to understand what's going on in the economy, get better insight into the financial markets, and separate the sound from the noise so you can make good financial decisions, tune in now! Date Recorded: 11/14/24 Disclaimer: WWM Financial is an SEC Registered Investment Advisor  The opinions expressed in this program are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security. It is only intended to provided education about the financial industry and how we may be able to assist. To determine which investments may be appropriate for you, consult your financial advisor prior to investing. Any past performance discussed during this program is no guarantee of future results. As always please remember investing involves risk and possible loss of principal capital. Tax considerations presented may not be appropriate every individual circumstance. A tax professional should be consulted before making any decisions about your tax liability. wwmfinancial.com | 760.692.5190