Please Won’t You Be My Financially Prohibitive Neighbor?

Jeff Lloyd, Capital Investment Advisors Wealth Management Analyst, joins Wes to assess last week’s concept of the “Parental Federal Reserve” and why PCE (Personal Consumption Expenditures) is a fly in the soup. Next, they focus on financial discipline, zoom in on American productivity, and explain why scary headlines sometimes overshadow positive trends. Wes summarizes a recent Retire Sooner podcast interview with Jaspreet Singh that carries over to a RedFin study about housing and the Americans who can no longer afford to be their own neighbors. Finally, they wrap up with the disconnect between the state of the economy and the public’s sentiment about it.