Millionaire Mindcast

Wealth Building Wednesday: Breaking Down the Fed’s Rate Cut, Market Trends, and Real Estate in 2024 | Money Moves

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Sinopsis

Episode Title: "Wealth Building Wednesday: Breaking Down the Fed’s Rate Cut, Market Trends, and Real Estate in 2024" Host: Matty A     Episode Summary: In this episode of Wealth Building Wednesday, Matty A breaks down the September 24th Fed rate cut, market updates, and the ongoing shifts in real estate investing. The Federal Reserve’s surprising 50 basis point rate cut has left many scratching their heads, particularly as mortgage rates have risen instead of falling. Matty explains the disconnect between the Fed's actions and the housing market response, dives into political and economic headlines, and shares some thought-provoking insights on how financial independence is closely tied to personal freedom and self-reliance. The episode also touches on the concept of volatility as a price for wealth building and why, despite mixed signals in the market, this may still be one of the most opportunistic times to invest. Matty explores everything from interest rates to unemployment figures and how cons