Minds Over Money

Episode 70: Ocean Shipping Rates, NASA's Artemis I Delayed & August Jobs Report + The Greatest Fear


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šŸ“° On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio.Ā [12:43] And this week’s financial planning topic is The Greatest Fear. 😨

🚢 [0:49] The first headline, ā€œOcean Shipping Rates Have Plunged 60% This Yearā€, is an article that explores the plunge in cost to ship a 40-foot container from Asia to the West Coast of the United States and how it relates to inflation and the rise in prices for consumers.

šŸš€ [3:43] The second headline, ā€œNASA’s Artemis I Moon Launch is Delayed Further as Engineers Analyze Fuel Leakā€, discusses the two recent delays in NASA’s first mission for the Artemis Moon program which seeks to put the humans back on the moon after more than 45 years.

šŸ’¼ [8:11] The Final headline, ā€œAugust Jobs Report Shows Labor Market Has Cooled but Remains Solidā€, is a deep dive into the relative cooling that the U.S. labor market has been exhibiting over the last few months and what effect if any it will have on the Federal Reserve’s policy to curb inflation and find a ā€œsoft landingā€ for the economy.

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Minds Over MoneyBy Cameron Brady, CFP

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