We have a two-part episode for you today, as we begin our fifth year of the Nurturing Financial Freedom Podcast.
First, the FED raised interest rates by 0.25% on May 3rd. Are they finally done raising rates? Ed Lambert of Birch Run Financial wades into that question. Are more hikes coming, and if so, will they be small or large? We look at the current state of the economy and where we believe things are going.
Next, Alex Cabot is here to debunk three market "hacks" that investors sometimes get pulled into. They are:
All data in today's episode are courtesy of YCharts, and Alex walks through the numbers of why these market fallacies don't work. At Birch Run Financial, we believe in a time-tested, diversified, long-term approach. Alex, Ed, and their team are always happy to have a conversation about your investment questions, whether you're a client or not.
You can always email Alex and Ed at info@birchrunfinancial.com or give them a call at 484-395-2190.
Or visit them on the web at https://www.birchrunfinancial.com/
Alex and Ed's Book: Mastering The Money Mind: https://www.amazon.com/Mastering-Money-Mind-Thinking-Personal/dp/1544530536