This week, we’re focusing on the impact of Moody's downgrade of the US credit rating. How did the market react? Does it raise real concerns? Does it have real long-term effects? We’ll also delve into the implications of the new tax bill and its potential ramifications on the economy. We wrap with a look at hurricane season and the gripping story of New Orleans’ jail escapees. 

Key Takeaways

[0:19] - Greg sums up an entire week of news in 3 minutes

[03:03] - Unpacking the Moody's downgrade

[08:02] - Narratives, treasuries, and the deficit

[12:11] - The new tax bill could stimulate economic growth

[18:30] - Hurricane forecasts = market prognostications?

[21:21] - Shawshank, Nola version

View Transcript

Links

What Moody’s downgrade of U.S. credit rating means for your money

NOAA’s 2025 hurricane forecast warns of a busy season

You can bet on when New Orleans jail escapees will be captured

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Doug Stokes

Greg Stokes

Stokes Family Office

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The information in this podcast is educational and general in nature and does not take into consideration the listener's personal circumstances. Therefore, it is not intended to be a substitute for specific, individualized financial, legal, or tax advice. To determine which strategies or investments may be suitable for you, consult the appropriate, qualified professional prior to making a final decision.

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