Financial Revelations

(EP 94) The Teeter Totter


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This week on Financial Revelations David goes over the latest Fed meeting where rates are currently holding steady at 5-5.25%; but they left the door open for another rate hike at the beginning of the year. David also explains the bond/interest teeter totter and how the bond market came down slightly on the 10 year note but that the 1 year is still at 5%.

Weekly Viewer questions:

- Why do bonds lose value when interest rates go up?

- Why have you recently changed your tune on bond mutual funds?

As always you can listen to David every Thursday on WCRF Cleveland from 8 AM to 9 AM or on the Moody Radio app.

Email your financial questions to [email protected]

Twitter @skibucks1

Missions information:

www.nativosusa.org

Instagram: nativos_usa

GoFundMe keyword: David Szafranski

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Financial RevelationsBy David Szafranski

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