First Trust’s Post

🚨 New Podcast Alert!🚨 Recent headlines have been highlighting the presidential race, our ever-growing US debt, and inflation. What could happen to the markets if Biden steps down as the Democratic Presidential nominee? Is our US debt too heavy to handle? And, what is the latest report on inflation? In this episode, I address these questions with Brad Haines, CFA, FRM, and Chief Investment Officer (CIO) of Junction Wealth Strategies! Tune in to learn: 📈 Is inflation going up or down? 📈 Can the US afford the amount of debt it has? 📈 What is deficit spending and when is it appropriate? 📈 How do tax cuts affect US debt? 📈 What would the markets do if Biden stepped down and Kamala stepped in as the Democratic Presidential nominee? 📈 What kind of political conditions are most favorable to the markets? We would love to answer your questions about finances, the economy, and investing on the next episode! Send them to hannah.chapman@x2wealthplanning.com or bhaines@juncturewealth.com. Watch this episode on YouTube or listen on your favorite platform! Links in comments 👇

🚨 New Podcast Alert!🚨 Recent headlines have been highlighting the presidential race, our ever-growing US debt, and inflation. What could happen to the markets if Biden steps down as the Democratic Presidential nominee? Is our US debt too heavy to handle? And, what is the latest report on inflation? In this episode, I address these questions with Brad Haines, CFA, FRM, and Chief Investment Officer (CIO) of Junction Wealth Strategies! Tune in to learn: 📈 Is inflation going up or down? 📈 Can the US afford the amount of debt it has? 📈 What is deficit spending and when is it appropriate? 📈 How do tax cuts affect US debt? 📈 What would the markets do if Biden stepped down and Kamala stepped in as the Democratic Presidential nominee? 📈 What kind of political conditions are most favorable to the markets? We would love to answer your questions about finances, the economy, and investing on the next episode! Send them to hannah.chapman@x2wealthplanning.com or bhaines@juncturewealth.com. Watch this episode on YouTube or listen on your favorite platform! Links in comments 👇

🚨 New Podcast Alert!🚨 Recent headlines have been highlighting the presidential race, our ever-growing US debt, and inflation. What could happen to the markets if Biden steps down as the Democratic Presidential nominee? Is our US debt too heavy to handle? And, what is the latest report on inflation? In this episode, I address these questions with Brad Haines, CFA, FRM, and Chief Investment Officer (CIO) of Junction Wealth Strategies! Tune in to learn: 📈 Is inflation going up or down? 📈 Can the US afford the amount of debt it has? 📈 What is deficit spending and when is it appropriate? 📈 How do tax cuts affect US debt? 📈 What would the markets do if Biden stepped down and Kamala stepped in as the Democratic Presidential nominee? 📈 What kind of political conditions are most favorable to the markets? We would love to answer your questions about finances, the economy, and investing on the next episode! Send them to hannah.chapman@x2wealthplanning.com or bhaines@juncturewealth.com. Watch this episode on YouTube or listen on your favorite platform! Links in comments 👇

Some notes and my own questions brought forth from the most recent episode of The TreppWire Podcast: Q1 2024 GDP slow to 1.6%, half of Q4 2023's 3.4%. Yet inflation is on the rise. Problem for the Fed-- they use interest rates to stifle inflation which is on the rise, yet drop rates to mitigate recession. In this case, is there anywhere for the economy to move other than down? Is there a world where the fed is forced to raise rates despite the implications on the economy? They're seemingly backing into a corner. How early are we in the cycle? Headlines are exhausting and yet seem to move far quicker than the market cycle. Is survive 'til 25 too ambitious of a milestone? What's supposed to happen in '25, and does the pace of movement we've experienced this past 18 months support that? One interesting note from the pod I wholly agree with-- we have learned that cap rates are not as tied to interest rates as believed, but more so tied to liquidity in the market and investor aggression with their forecasts. If the debt yield from lenders has always been around 10% (lender's version of cap rates on their debt vs. NOI), and they are requiring 10% or slightly higher today... are buyers seller financing because debt is unavailable or simply unavailable for the amount of risk they are willing to take with their assumptions? Food for thought on a Friday. As always, I'm happy to be wrong and welcome your thoughts below!

Why did the bond market react unfavourably to the Medium Term Budget Policy Statement? With revenue collection falling short and spending surpassing expectations, the budget deficit is now projected at 5% versus the 4.5% forecast in February. The 10-year government bond yield reached 10.5%, up from 10.35%, and the rand weakened by 0.9%. Despite these challenges, Mulalo Victor Mphaphuli, Head of Fixed Income highlights potential upsides in revenue collection and notes that there is no immediate risk of a credit downgrade. Read the full analysis and listen to our podcast: https://lnkd.in/dVJMDMyu #STANLIB #MTBPS #FixedIncome #Bonds

The national debt now exceeds total U.S. gross domestic product (GDP) output. Is America’s fiscal situation sustainable and what does it mean from an investment management perspective? We discuss U.S. debt, the deficit, and potential consequences for the broader financial markets in a new episode of the Conversations with Commerce Trust podcast, hosted by Chief Investment Officer David Hagee. Does your investment portfolio account for the complexities of today’s shifting market environment? Let us know how Commerce Trust can help.

Check out Conversations with Commerce Trust, our podcast about the markets, investment themes, and economic insights that matter to you with host and Chief Investment Officer David Hagee.   Is your wealth management plan aligned with your financial goals? The Commerce Trust team is here to serve you. 

The Medium Term Budget Policy Statement (MTBPS), announced by SA's Minister of Finance, presented only modest economic growth projections over the next three years and maintains an elevated debt-to-GDP ratio. Bond markets, which had anticipated better news, reverted to previous levels. In this Viewpoint podcast, our experts delve into what the 2024 MTBPS means for SA and the fixed income market. Read the full analysis and listen to our podcasts: https://lnkd.in/dVJMDMyu #STANLIB #MTBPS #Bonds #Infrastructure #GDP #FixedIncome

Why do we have so much inflation? Listen to this episode and we explain it.

Friday on Bloomberg Surveillance radio and podcast chatting inflation data and what disinflation/deflation could mean for corporate earnings, oh and a little Led Zeppelin to make it a even better. Here is the full show: https://lnkd.in/ej7nVs9Z #markets #invest #Investing #money #inflation #pce #fed #federalreserve #equity #equities