Q4: A September stock market recap & market reactions to global conflict, the dockworkers’ strike, and the latest job reports

Linda Garcia, Texas House Representative, author of Wealth Warrior: 8 Steps for Communities of Color to Conquer the Stock Market, and founder of In Luz We Trust, is dedicated to empowering BIPOC and Latinx communities through financial literacy. Her podcast, Investies, tackles real-money topics, demystifies investing, and explores crucial areas like the stock market, money management, and the impact of interest rates on personal finances. Linda’s work advocates for financial independence, championing equity and representation for all, especially immigrants and marginalized communities. As a financial feminist, she encourages listeners—regardless of political affiliation, be it Republican or Democrat—to take control of their financial futures. Through her podcast and advocacy, Linda tackles the intersection of financial education, the economy, and geopolitics, helping diverse communities build wealth and secure their place in today’s financial landscape. September is one of the worst months historically for the stock market. But the market actually performed really well–the DOW, the SMP500, and the NASDAQ are all up right now. This is unprecedented! And it’s a good reminder to start your investing journey sooner rather than later! Several factors are influencing the market as we start October and Q4 of 2024: geopolitical conflicts throughout the world; the latest jobs report; and the dockworkers’ strikes. Just remember: we’re investing for the long term. While the stock market and the economy are influenced by the news day-to-day, hold firm in your investments and try not to make any sudden moves when the market dips or peaks. Investies, there are so many ways to make the stock market work for you as you gain more experience as an investor. If you have questions about different kinds of investing, please reach out! Curious about the current state of the economy? Send us a question! You can find us on Patreon, and submit questions without getting a membership (but we appreciate it if you do decide to invest in our show!). We love speaking with our listeners. Happy investing and happy trading! Listen early and ad-free for $3/mo on Patreon https://www.patreon.com/Investies https://www.inluzwetrust.com/wealthwarriorbook Produced by Cosmic Standard & In Luz We Trust Learn more about your ad choices. Visit podcastchoices.com/adchoices