In this episode of the Financial Foundations podcast, hosts Dustin Taylor and Alex Wolfe dive deep into the economic shifts influencing consumer spending, corporate profits, and inflation. Discover how the state of the economy in Q2 is shaping the financial landscape ahead of the upcoming election year. They explore critical topics like the Magnificent Seven stocks, diversification strategies, interest rate predictions, and the impact of inflation on household debt.

Get valuable insights on how Base Wealth Management positions clients to stay ahead of economic changes, whether you're concerned about GDP growth, unemployment rates, or the potential sunset of the TCJA Act. Learn how a diversified portfolio can help weather market highs and lows, and why understanding consumer sentiment is key to financial planning.

Key Highlights:

• Corporate profit margins amidst inflation
• Consumer spending trends and debt levels
• The Magnificent Seven stocks in the S&P 500
• Interest rate outlook and the Fed's rate cut possibilities
• Portfolio diversification strategies for uncertain times

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