Watch Alex Wolfe, CFP® break down October’s financial events in our Monthly Market Recap.
US GDP’s Noteworthy Rise: Exceeding expectations, the growth was propelled by consumer and government spending, inventory increases, and exports. Unpack what this could mean for the Federal Reserve’s moves on interest rates.
Inflation Insights: October’s CPI painted a vivid picture, especially with rising energy and oil prices. Delve into why core CPI matters and the silver lining with wage inflation’s recent drop.
Student Loans Resumption: With 40 million Americans resuming their student loans, learn about its potential implications for consumer spending and the broader economic scene.
Auto Industry Stirrings: The United Auto worker strike headlines have reverberated across the financial sector. Grasp its impact on domestic auto manufacturers and the electric vehicle infrastructure.
Middle Eastern Dynamics: Understand the ripples caused by the Middle East conflict, from surging energy prices to increased government aid to Israel.
Don’t miss this comprehensive analysis!