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Will the June Jobs Report, Inflation, and Predicted Rate Hikes Impact Your Retirement?
The stock market just finished its best second quarter in six years, with the S&P 500 climbing nearly 15%.
However, the latest June jobs report came in far below expectations, showing that hiring is slowing down.
At the same time, inflation is running at 4.2% while average wages only grew by 3.5%.
This means your household purchasing power is shrinking, and major banks are now predicting multiple interest rate hikes before the end of the year.
In this video, Josh Bretl breaks down this confusing financial news and how trying to time the market based on these headlines does not work.
Instead, you need a long term retirement planning strategy built to withstand economic changes.
Learn why looking at your entire fiscal house under one roof may help protect your lifestyle so you can focus on making retirement the best part of your life.
Видео Will the June Jobs Report, Inflation, and Predicted Rate Hikes Impact Your Retirement? канала Wellment Financial
However, the latest June jobs report came in far below expectations, showing that hiring is slowing down.
At the same time, inflation is running at 4.2% while average wages only grew by 3.5%.
This means your household purchasing power is shrinking, and major banks are now predicting multiple interest rate hikes before the end of the year.
In this video, Josh Bretl breaks down this confusing financial news and how trying to time the market based on these headlines does not work.
Instead, you need a long term retirement planning strategy built to withstand economic changes.
Learn why looking at your entire fiscal house under one roof may help protect your lifestyle so you can focus on making retirement the best part of your life.
Видео Will the June Jobs Report, Inflation, and Predicted Rate Hikes Impact Your Retirement? канала Wellment Financial
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23 ч. 22 мин. назад
00:02:37
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