
📰 On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio. [17:49] And this week’s financial planning topic is The Goose and The Golden Eggs: How to Turn Your Savings into Retirement Income. 🦢
💸 [0:56] The first headline, “High Inflation Slowing Growth Raises Risk of Global Downturn”, is an article that explores how stagflationary pressures are putting economic markets around the globe at risk for a potential recession.
🏠 [7:05] The second headline, “U.S. Home Sales Cool Amid Higher Rates”, discusses how the red-hot housing market in the U.S. is finally showing signs of cooling due to higher interest rates and record-high average home prices.
🪙 [10:51] Our final headline, “Crypto Meltdown Exposes Hollowness of Its Libertarian Promise”, is a deep dive into the recent implosion of TerraUSD and Luna cryptocurrencies and the broader cryptocurrency market in the face of high inflation and increased stock market volatility.
Hope you enjoy it!