meta_pixel
Tapesearch Logo
Be Wealthy & Smart

After the Interest Rate Cut, What's Next?

Be Wealthy & Smart

Linda P. Jones

Finance, News, Invest, Investing, Economy, Money, Financial, Business News, Business

4.8883 Ratings

🗓️ 23 September 2024

⏱️ 6 minutes

🧾️ Download transcript

Summary

Discover what is next after the Fed cut interest rates.

Are you investing well for financial freedom...or not?

Financial freedom is a combination of money, compounding and time (my McT Formula). How well you invest, makes a huge difference to your financial future and lifestyle.

If you only knew where to invest for the long-term, what a difference it would make, because the difference between investing $100k and earning 5 percent or 10 percent on your money over 30 years, is the difference between it growing to $432,194 or $1,744,940, an increase of over $1.3 million dollars.

Your compounding rate, and how well you invest, matters!

INTERESTED IN THE BE WEALTHY & SMART VIP EXPERIENCE?

-Asset allocation model with ticker symbols and % to invest

-Monthly VIP investing webinars with Linda

-Private VIP Facebook group with daily insights

-Weekly VIP stock market commentary email

-Lifetime access with no additional cost

-US and foreign investors, no minimum $ amount to invest

For a limited time, enjoy a 50% savings on my private investing group, the Be Wealthy & Smart VIP Experience. Pay once and enjoy lifetime access without any additional cost. Enter "SAVE50" to save 50% here: http://tinyurl.com/InvestingVIP

Or have a complimentary conversation to answer your questions. Request a free appointment to talk with Linda here: https://tinyurl.com/TalkWithLinda (yes, you talk to Linda!).

WANT TO INVEST IN STOCKS PRE-IPO?

#Ad Invest in private companies (pre-IPO). Linqto has streamlined their onboarding process and no longer requires documentation of assets. Minimum investment only $5k. Sign up to receive a $500 credit toward your investment, here: https://tinyurl.com/LindaLinqto

WANT HELP AVOIDING IRS AUDITS?

#Ad Stop worrying about IRS audits and get advance warning at Crypto Tax Audit, here.

PLEASE REVIEW THE PODCAST ON ITUNES

If you enjoyed this episode, please subscribe and leave a review. I love hearing from you! I so appreciate it!

SUBSCRIBE TO BE WEALTHY & SMART

Click Here to Subscribe Via iTunes

Click Here to Subscribe Via Stitcher on an Android Device

Click Here to Subscribe Via RSS Feed

PLEASE LEAVE A BOOK REVIEW FOR THE CRYPTO INVESTING BOOK

Get my book, "3 Steps to Quantum Wealth: The Wealth Heiress' Guide to Financial Freedom by Investing in Cryptocurrencies".

After you purchase the book, go here for your Crypto Book bonus: https://lindapjones.com/bookbonus

PLEASE LEAVE A BOOK REVIEW FOR WEALTH BOOK

Leave a book review on Amazon here.

Get my book, “You’re Already a Wealth Heiress, Now Think and Act Like One: 6 Practical Steps to Make It a Reality Now!”

Men love it too! After all, you are Wealth Heirs. :)

Available for purchase on Amazon.

International buyers (if you live outside of the US) get my book here.

WANT MORE FROM LINDA?

Check out her programs.

Join her on Instagram.

WEALTH LIBRARY OF PODCASTS

Listen to the full wealth library of podcasts from the beginning. Use the search bar in the upper right corner of the page to search topics.

SPECIAL DEALS

#Ad Protect yourself online with a Virtual Private Network (VPN). Get 3 MONTHS FREE when you sign up for a NORD VPN plan here.

#Ad To safely and securely store crypto, I recommend using a Tangem wallet. Get a 10% discount when you purchase here.

#Ad If you are looking to simplify your crypto tax reporting, use Koinly. It is highly recommended and so easy for tax reporting. You can save $20, click here.

Be Wealthy & Smart,™ is a personal finance show with self-made millionaire Linda P. Jones, America’s Wealth Mentor.™ Learn simple steps that make a big difference to your financial freedom.

(Some links are affiliate links. There is no additional cost to you.)

Transcript

Click on a timestamp to play from that location

0:00.0

Be wealthy and smart, episode 1406. If y'all know what I mean put your hands up and declare with me

0:14.0

Yeah, I'm full of time I'm gonna live the good life

0:21.0

I'm gonna live the good life

0:22.0

and you're holding glorious night Step into a world of wealth and wealth and financial freedom without budgets, boredom or bosses on

0:31.6

be wealthy and smart. And now here's your host, Linda P. Jones.

0:38.8

Welcome to Be Wealthy and Smart. I'm Linda P Jones, America's Wealth Mentor, Empowering Women and Men Worldwide to Financial Freedom.

0:45.7

On today's show, we're going to talk about after the Fed's interest rate cut, what happens next?

0:51.8

Well, it was a very long anticipated rate cut and the Fed finally cut rates by half a percent last week and markets eventually had a positive response to it, but now there are worries that maybe the

1:05.5

Fed cut because they're seeing something concerning about the future.

1:09.9

While it's broadly believed that it's the weakening job market that caused the Fed to cut half

1:15.9

a percent instead of just a quarter of a percent, which is somewhat more traditional.

1:20.8

We're going to get some fresh inflation data this week that's going to give us more insight into

1:26.1

the inflation side of the equation. On Thursday we'll get a second quarter gross domestic product

1:32.0

reading and that will help test how strong the

1:35.2

economy really is. Chairman Jerome Powell was careful not to declare victory over

1:40.4

inflation because inflation is still running above the 2% rate that the

1:45.1

Fed likes to see and on Friday they'll get a very important inflation report

1:49.9

called the Personal Consumption Expenditures Index,

1:54.7

which is the Fed's inflation gauge

1:57.1

that they prefer to use to judge how inflation is doing.

2:01.3

Multiple Fed members have been talking about their opinion on the

2:05.4

interest rate cuts and in recent speeches or at conferences it looks like Fed

...

Transcript will be available on the free plan in -146 days. Upgrade to see the full transcript now.

Disclaimer: The podcast and artwork embedded on this page are from Linda P. Jones, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Linda P. Jones and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.