PODCAST: “Money and Politics” July 13, 2019

 

 

 

 

 

 

 

 

Here are some of the points made by Curt Lyman on the show:

 

• The stock market is hot.
• The economy is good.
• Building and construction is occurring all over the nation.
• Housing inventory is low/in short supply.
• The sense of consumer confidence is driving this economy to new heights.
• Taxes are driving behavior—the Trump Administration implemented tax changes for people who are willing to take risks and invest.
• In terms of interest rates and the Fed, there is pressure from president to reduce rates because he wants to keep this economy up. Yes, there is a small concern on the back end. There is inflation out there, but the president wants the economy to be cranking; he is very vocal about this.
• If you look at defense spending it’s up, and corporations in that sector have more profits.
• We were in a death spiral. This administration is doing a lot to turn things around.

 

Listen here:

https://www.spreaker.com/user/9808974/money-and-politics-seg-4-july-13