Politics and the Economy in Election Years

The Personal Wealth Coach

Welcome to another episode with Jeff and Jake McClure from TPWC!
Join us as we explore the difference between short-term and long-term interest rates and their impact on people's lives. Understand why long-term rates, when high, can significantly affect public happiness and economic perspectives.

1. Short-term rates are generally not a major concern for most people, but high long-term rates tend to make many people unhappy.@3:50
2. Generally, everything smells like politics as we approach an election year. The president usually has very little control over the current economic situation. @15:58

This episode was recorded on December 16th, 2023.

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** The information provided in this episode is for educational purposes only and should not be considered investment advice. We are “The Personal Wealth Coach,” which is also the name of an SEC-registered investment advisory firm. However, being registered with the SEC does not authorize us to provide investment advice. Investment advice should be personalized, offered in a private setting, and be in the best interests of the individual as a fiduciary. If we make any fraudulent statements, you should report them to the SEC. The information presented in this educational episode has been obtained from sources that we deem to be reliable, but we make no warranty or guarantee as to the completeness or accuracy of said information.