July 10, 2024

In today's show, Shana and Seth discussed the labor market, unemployment trends, interest rates, and the stock market. They advised being wary of the Biden administration's positive spin on the jobs data, noting that unemployment is ticking up and job growth is being fueled by government hiring rather than the private sector. The hosts predict the Fed will cut rates in September to boost markets despite signs of a weakening economy. Become a Financial Issues Partner today! For $132 a year, you get full access to our stock picks, asset allocation models, and so much more. Join right here! If you believe in and want to support the work of FISM, donate securely today. Today's show is sponsored by Timothy Plan. Learn how you can invest in a God-honoring way through biblically responsible ETFs, mutual funds, and retirement plans. Visit Timothyplan.com for more.