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Podcast: Wealth Formula Podcast
Episode: 435: News of the Week 06/05/24
Description: Market Updates: Economic data since last week's update: Core PCE Price Index rose 0.2% in April, in line with expectations Job openings decreased in April, indicating a cooling labor market Equity markets have been a bit volatile recently, down a couple of percentage points Ongoing volatility is expected as we move through the summer and elections However, the economic and inflation backdrop should provide good support for public equity and bond markets Potential for the Fed to start reducing rates in the second half of 2024, which could restart the real estate investment cycle The recommendation is for investors to be deployed...