📰 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. [18:38] And this week’s financial planning topic is Time to Think and Dream. 💭
📈 [0:47] The first headline, “Strong Jobs Report Points to Likely Fed Rate Rise in March and May”, is an article that explores how the Federal Reserve is looking at the recent strong jobs report to determine when and how much to raise interest rates this spring.
🛒 [4:15] The second headline, “Two Years into the Pandemic, Shoppers are Still Hoarding”, discusses how the American consumer has changed their shopping habits due to circumstances of the pandemic and rising inflation.
🤖 [11:38] Our final headline, “Why the Metaverse Will Change the Way You Work”, is a deep dive into how the “Metaverse” may change the way we work, collaborate, and learn. Virtual reality and augmented reality could have massive positive impacts on the economy in the future, but it is not without obstacles like privacy concerns.