You Can’t Fire Me

Jerome Powell steps forward and says go ahead and make my day. You can’t fire me. Plus, today we're diving into "Doom Spending: The Fed's Hidden Consequence." The Fed's recent decisions have sparked a frenzy of doom spending—a trend where consumers spend recklessly amid economic uncertainty. Are you caught in this cycle? Let's explore the implications of Jerome Powell's moves, the real state of unemployment, and the looming foreclosure crisis. We'll also touch on how small businesses struggle with borrowing in this tight economy.

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Here are the links for the stories mentioned in this video:

https://amp.cnn.com/cnn/2024/11/08/economy/powell-trump-fed-tension

https://www.bbc.com/news/articles/cn4v7vwgqj0o

https://www.federalreserve.gov/aboutthefed/fedexplained/who-we-are.htm#:~:text=functions%2C%20such%20as-,supervising%20and%20examining%20banks%20and%20other%20financial%20institutions;,and%20redeeming%20U.S.%20government%20securities

https://www.cnn.com/2024/11/10/business/doom-spending-wellness/index.html

https://t.ly/9GCvO

https://finance.yahoo.com/personal-finance/best-credit-card-for-groceries-175714926.html

https://t.ly/61w-M

https://www.techradar.com/live/news/ive-covered-black-friday-for-eight-years-and-these-are-the-deals-id-buy-from-the-early-sales

https://nypost.com/2024/11/08/business/whoopi-goldberg-calls-grocers-pigs-for-inflation-on-the-view/

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And as always, please be kind to everyone. Onward and Upward.

All the best,

Dan