
📰 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. [19:16] And this week’s financial planning topic is Why a Retirement System is Better Than Just Having Retirement Goals. 📑
📈 [0:47] The first headline, “What the Fed Rate Hike Means for Your Savings, Credit Cards, and Loans”, is an article that explores how the most recent rate increase by the Federal Reserve will have an impact on your personal finances.
💸 [5:58] The second headline, “Recession Probability Soars as Inflation Worsens”, discusses how a recent survey of economists has increased the chances of a recession dramatically due to runaway inflation and Fed rate increases.
🚚 [10:14] Our final headline, “Self-Driving Big Rigs are Coming, Is America Ready?”, is a deep dive into the autonomous semi-truck companies and their prospects to start running long-haul routes in the sunbelt states.
Hope you enjoy it!