Podcast appearances and mentions of Jerome Powell

Chares Schwab's Cooper Howard attributes "slippage" in the 10-year yield to the House vote on the government shutdown happening Wednesday. He tells investors to brace for a massive influx of jobs and inflation data that can create volatility as it is unveiled. Cooper adds that the FOMC's December meeting is "very much up in the air" as to whether Jerome Powell and company vote to cut interest rates.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

Register here to attend the live virtual event "How to Scale Your Portfolio, with Tenanted Cash Flowing, New Construction Properties" on Thursday, November 13th at 8pm Eastern. Keith discusses Billie Eilish's views on billionaires and contrasts her stance with Grant Cardone's, emphasizing the value billionaires bring.  Hear about the Fed's decision to end Quantitative Tightening (QT), predicting lower interest rates.  GRE Investment Coach, Naresh Vissa, joins the conversation to highlight the benefits of new build properties, such as lower maintenance and higher tenant quality, and mentions a 10% cashback incentive from builders.  Resources: Register for the event at GREwebinars.com Episode Page: GetRichEducation.com/579 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  For predictable 10-12% quarterly returns, visit FreedomFamilyInvestments.com/GRE or text  1-937-795-8989 to speak with a freedom coach Will you please leave a review for the show? I'd be grateful. Search "how to leave an Apple Podcasts review"  For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— GREletter.com or text 'GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript:   Keith Weinhold  0:00   Keith, welcome to GRE. I'm your host. Keith Weinhold, should billionaires even exist? Why do so many people think that interest rates of all types are headed even lower than as a real estate investor, how to identify and capitalize on an opportunity in this era? It's something that I've never seen before. Today on get rich education   Speaker 1  0:27   since 2014 the powerful get rich education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from passive real estate investing in the best markets without losing your time being a flipper or landlord. Show Host Keith Weinhold writes for both Forbes and Rich Dad advisors and delivers a new show every week since 2014 there's been millions of listener downloads of 188 world nations. He has a list show guests include top selling personal finance author Robert Kiyosaki. Get rich education can be heard on every podcast platform, plus it has its own dedicated Apple and Android listener phone apps build wealth on the go with the get rich education podcast. Sign up now for the get rich education podcast, or visit get rich education.com   Corey Coates  1:13   You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education.   Keith Weinhold  1:29   Welcome to GRE from flatiron, Manhattan to Flatbush, Brooklyn, across New York City and 188 world nations. This is Get Rich Education. I'm your host. Keith Weinhold, it's the longest federal government shutdown in US history. This whole thing has now lasted longer than most gym memberships. I guess the GDP stands for government doesn't produce, hmm. Before we get into our core investing and real estate content today, Billie Eilish, the singer, recently made some public remarks on whether or not billionaires should even exist. Yeah. Now if you're not familiar with her, Billie Eilish is known for her kind of unique style, sort of these baggy clothes, neon hair, avant garde fashion, and she has a reputation for being outspoken about a lot of things like mental health and body image and environmental issues. Now, in general, I respect people for speaking their mind, whether I agree or not, because a lot of people are just afraid to do that. Let's listen in to this short clip on what she said. You might have heard this because it was pretty widely broadcasted. Eilish spoke after receiving recognition at the Wall Street Journal innovator awards. This is courtesy of the AP. And then I'll come back to comment.   Speaker 2  2:58   We're in a time right now where the world is really, bad and really dark, and people need empathy and help more than kind of ever, especially in our country. And I'd say if you have money, it would be great to use it for good things and maybe give it to some people that need it and love you all, but there's a few people in here that have a lot more money than me, and if you're a billionaire, why are you a billionaire? No hate, but yeah, give your money away. Shorties. Love you guys. Thank you so much.   Speaker 3  3:40   First of all, without explicitly saying it, she's basically referencing how inflation widened the canyon between the haves and the have nots and GRE listeners that have acted have been on the right side of that canyon. I actually want to give Billie Eilish some credit here. Giving is virtuous. That is a good thing. In fact, next month, I plan to discuss the pros and cons of giving here on the show as we approach Christmas. Billie Eilish, she's certainly not a hypocrite either, because she's given away more than $10 million of her estimated $50 million dollar net worth. She's into feeding people and climate initiatives that right there is giving away more than 20% of your net worth, and that is really kind. Now, you heard her say there's a few people in here that have a lot more money than me, and she's right. Mark Zuckerberg was in that room. His net worth of over 200 billion means that his net worth is more than 4000 times greater than Billy eilish's. It sounds loosely like she's. shaming him for not giving away more of his wealth. And I don't know just offhand how much Zuck gives away, but this is where my credit to Billy Eilish stops. I think that it's okay for a person to be a billionaire. I wouldn't question that. I mean, a lot of times it meant that that person was willing to take risks that others would not dare try. A billionaire probably means you're a person of great value, and that you've hired hundreds or 1000s of other people, creating jobs for them. A billionaire has almost certainly created a product that society values. Jeff Bezos pioneered one day delivery. Zuckerberg connects people through his meta platforms. And now I'm not going to say that either one of those billionaires are perfect people. They are flawed, just like you and I. Billionaires probably pay more tax than the average person as well. That supports the infrastructure that you and I and everybody use, like building bridges or creating a fiber optic network. I would expect that a billionaire would be a giver as well. And see, if you're a billionaire, you have more ability to give than the average person does, you can make a greater impact. And see, this is where things really break down and not make sense. So if Billie Eilish is net worth is 50 million, Oh, apparently that's just okay. That's fine with her. But once it gets to 20 times greater than that, which is 1 billion, then it's not okay. So that means the line is drawn somewhere in there. That makes zero sense to me. The ceiling on what you're supposed to have in net worth is between 50 million and 1 billion. Like, I really do not get the logic on that one. And you know, a guest that we've had on the show here, Grant Cardone, whether you like him or not, he has had some on point remarks about these Billy Eilish comments himself to the question that she posited, which is, if you're a billionaire, why are you a billionaire? Cardone's answer is, if you're a pop star, why are you a pop star? Billy said, give your money away. Cardone's response to her is, give your music away. That's some food for thought there. That's my take on the Billy Eilish remarks on whether or not billionaires should exist. And if you want to hear Grant Cardone and I's conversation here on GRE, that was episode 264 the title of it is Keith Weinhold and Grant Cardone 10x your wealth number 264, a lot of listeners like that episode saying something like it was a dream to hear grant and I together for the first time. Like that, their favorite sales trainer on their favorite real estate show. You can listen by either scrolling way back to get rich education episode 264 in your podcatcher, or you can listen directly by going to get rich education.com/ 264,    Keith Weinhold  8:11   now the Fed has said that they are going to slow or end Qt, next month. All right, when Jerome Powell says something like this, what does that really mean to you as an investor? What can you expect ending QT? Well, you probably already know that QE quantitative easing that has the effect of creating dollars. Qt is the opposite. It has the effect of destroying dollars. So if they're ending Qt, this helps keep more dollars around in the future. So ending Qt then, like we expect soon, that really parallels a lower interest rate environment, because see lower rates already make dollars flow more freely. You probably remember the analogy that I introduced to you on the show earlier this year about how lower rates are like lowering the height of a dam wall. It makes it easier for water to flow, so then lowering rates makes it easier for money to flow, and that's because low savings account rates make people get money out of those vehicles. Okay, that's that low dam wall and low borrowing rates make that money flow as well. People will unlock dollars if rates are low, late last year, the Fed dropped rates a full 1% then they didn't make any moves for a while, until late this year, they've now dropped rates another half a percent. That's the environment that we're in. So then more QE and less QT. That further eases the flow of dollars, and it correlates with even lower rates that are coming in the future. Now it doesn't mean that they will. I'm not saying that they certainly will. There is just that tendency, that correlation. So we had pandemic era QE there about five years ago, that ended as we moved to Qt in 2022 and now what we're doing is unwinding Qt, moving back toward more flow, and it surely gets more technical than that. Ending Qt allows the Fed to expand its balance sheet again. Treasuries and mortgage backed securities, once matured, can now be replaced, and that injects liquidity into the system once again, and that is where we're going. Bank reserves are reaching ample levels again, and there is no need to put liquidity stress on money markets. A lot of these moves are here. What they're here for is to help ease the concerning labor market. It's been almost exactly three years now since chatgpt launched, and a while back, I mentioned how companies were newly interested in hiring the shiny new job that didn't exist before the AI prompt engineer that was one of the hottest jobs. Well, yeah, that was true back in 2023 but not so much. Now. A lot of companies have figured out that the employees that wanted to keep their job, well, they figured out real quick how to be the Ask AI, good questions guy, and we are seeing more layoffs later today, my guest and I will talk about that, and also he's going to make somewhat of a future mortgage rate forecast, or at least talk about the direction that they're going in. I think you're really going to like that. I don't predict rates myself, but sometimes a guest will. That's what's happening today. My point here is that with Qt ending, which again lowers the damn wall height and eases the flow of money, that parallels the fact that we have lower interest rates now than what we had one year ago, and we have lower interest rates now than what we had two years ago. As well, be mindful that you cannot get it all as a real estate investor. You cannot get soaring employment and low interest rates together. You cannot get those two things together, at least not for long. High employment means high rates. Low employment means low rates. Today's guest, and I will get into that as well.    Keith Weinhold  12:43   Well as we've had lower rates, hence a lower wall height, don't buy property and expect that you'll be able to refi into a lower rate within a year. If it happens, great. Don't buy expecting rents to go up or rates to go down, although many think that will happen. Just enjoy it. If it does, rent vesting has been on the rise lately. Yes, rent vesting. What that means is when you pay rent in the property where you live, and then the only properties that you own are rental properties. Rent vesting makes sense if you live in California, New York City and Boston, since rent to price ratios are so low there, and then you invest your dollars inland, that's how you can live in a high cost place and yet still benefit from cheap rental property and have income streams from them. You might remember that some months ago, I interviewed two listener guests on the show, everyday listeners, just like you, and California based investor and GRE listener, Joshua Fang, told us about his rent vesting. He pays rent in his primary residence, since the rent to price ratio might be three tenths of 1% there and then he owns property in GRE marketplace markets, I think it was Memphis and elsewhere where you're benefiting from, say, eight tenths of 1% that is called rent, vesting, investing in properties that make sense that you buy through GRE marketplace. And remember when Josh told us that passive income gives him time to enjoy life and even stop and watch two lizards for 15 minutes? Oh, what passive income can do. It's the quirky things that you remember. See. The point is that smart people in high cost states are rent vesting, if that's what you've got to do in order to own real assets. Then do it get on the right side, as this difference between the haves and the have nots just keeps expanding. I just did something that you might find interesting over the weekend for the first time in years. I visited that first fourplex building that I ever owned, which is also the first piece of real estate that I ever owned, that blue colored fourplex, and it is still blue. The address of that property is 925 east, 45th court, and it's in Midtown Anchorage. It has never been a pretty neighborhood, and I confirmed that it still is not. It looks a touch worse than when I owned it. I straightened up the curb appeal more than today's owner does. I bought the four Plex over 20 years ago for $295,000 and at that time, on the day that I bought. The total rents were $2,900 because it was 725 per door. I just looked on Zillow. And do you want to guess at its zestimated value today? Yes, it cost 295k back in 2002 and today, the Zestimate is 625k I don't know what today's rents are. My guess is that they're just short of $6,000 for all four units combined, two bed, one bath, 960 square foot units, really plain vanilla, boring looking housing, but it's certainly not like a crime ridden slum. It's just that depressing looking block that's just chock full of disorder and these other four Plex buildings and dumpsters all over the place. But yeah, that's how it all began for me. I visited that building again, and I haven't owned it in a while. I 1031 exchange out of it and into an eight Plex in 2013 if it weren't for that building, you would not be listening to me right now, and you would not have heard of me, because this show wouldn't exist big thanks to the three and a half percent down FHA loan for someone that came from humble means, like me.    Keith Weinhold  17:03   Last month, I did a running race that goes up a ski jump that was pretty cool. It gets so steep that you have to grab onto a cargo net to pull yourself up. It's almost like a rope ladder. I did not win. I got fifth out of 21 competitors in that race. Hey, I like to get out and physically challenge myself. After talking real estate all day, my body weight is up a little. It's currently sitting at 178 pounds. That's 81 kilograms for our European listeners, and it hit its recent bottom of 172 back on the Fourth of July. That's by design. I need to be really leaned out for a big Independence Day race every summer. You know, I'm one of those guys where I still cannot compete with bodybuilders because I'm too lean, and yet I don't win running races because I'm too bulky, so I'm more of an all around guy. I do about seven different sports, and that's exactly how I win nothing and always get like, fifth place or worse. This major mammal has got to keep himself moving, In any case.   Keith Weinhold  18:17   next week here on the show, we'll talk to a Harvard grad. She's super interesting. She used to work at Apple, and then she founded an AI centric property management company so that you can use her platform to self manage and leverage AI. But are we at the point where your tenant would really talk to a chatbot? Would that fly? And if society is there, well then do property management fees and everything start trending towards zero. I'm going to ask her about that. That's next week. As for today, you know, the world series ended about a week ago, and what I did is that I watched 10 commercials during the World Series, and then I jotted down the name of each sponsor, and here's who the World Series advertisers were just in this one segment where I paid attention to them. They're all big brands that you've heard of atnt Liberty, mutual nature made brand items like vitamins and supplements, Starbucks, Coors, light, Qdoba, Capital One, Home Depot, crest, white strips and Jim Beam, all right, those were the 10. What do those 10 have in common? More or less, any ideas there those 10 products and companies are all for consumer products. That's the common link. And that might seem so obvious that you wouldn't even think of it. Well, this is because most ads are for consumer products. Those ads fuel consumerism. And there's nothing wrong with that at all. That. Represents an economy. In fact, I use some of those very companies in my personal life.    Keith Weinhold  20:04   But here's the difference here at GRE our sponsors help you produce, not consume. Think about that as you listen to me in this spot for freedom, family investments and then Ridge lending group, then I'm coming back for more with a terrific guest.    Keith Weinhold  20:23   You know, most people think they're playing it safe with their liquid money, but they're actually losing savings accounts and bonds don't keep up when true inflation eats six or 7% of your wealth. Every single year, I invest my liquidity with FFI freedom family investments in their flagship program. Why? Fixed 10 to 12% returns have been predictable and paid quarterly. There's real world security backed by needs based real estate like affordable housing, Senior Living and health care. Ask about the freedom flagship program when you speak to a freedom coach there, and that's just one part of their family of products, they've got workshops, webinars and seminars designed to educate you before you invest. Start with as little as 25k and finally, get your money working as hard as you do. Get started at Freedom family investments.com/gre, or send a text. Now it's 1-937-795-8989, yep, text their freedom coach, directly. Again, 1-937-795-8989,   Keith Weinhold  21:34   the same place where I get my own mortgage loans is where you can get yours. Ridge lending group and MLS, 42056, they provided our listeners with more loans than anyone because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage. Start your prequel and even chat with President chailey Ridge personally while it's on your mind, start at Ridge lending group.com that's Ridge lending group.com   John Lee Dumas  22:08   this is Entrepreneur on fires, John Lee, Dumas, don't follow Money. Make money. Follow you with get rich. Education.   Keith Weinhold  22:22   So we have a familiar voice back on the show. It's an in house discussion here with our own GRE investment coach. And like I've told you before, he's got both the formal education with his MBA and the self education, because he's an active real estate investor for four years now, he has helped you completely free, usually over the phone, sometimes on Zoom. He learns your own personal goals and then helps you find the market that's right for you in fitting those goals. And I've had listeners like you tell me that, you know, I can't believe that getting his actionable insight is free, and now he can help you best, though, if you're ready to own more income property, he even helps connect you with the exact property address, like say, 321, raspberry Street in Huntsville, Alabama. So it's great to welcome back to the show and provide the listener with a respite from my mouth breathing rhetoric and discourse, it is GRE investment coach. Naresh Vissa,   Naresh Vissa  23:24   thanks a lot, Keith. I can't believe it's been four years. It's been four amazing years, and congratulations to you and to GRE for being around so long and together, we have grown our listenership, and we appreciate all of you listeners, listening out there, for sure,   Keith Weinhold  23:42   real estate activity has slowed down overall, but things are still really vibrant. Here at GRE we see more activity than we saw last year, and when we talk about increasing activity, Naresh, the Fed, looks to do that when they reduce interest rates, that incentivizes businesses to borrow, that incentivizes consumers to spend, because, for example, they're not getting as high of a yield and their savings account. So now we're here in this fed cutting cycle. Tell us what that means from your perspective.   Naresh Vissa  24:15   We talked about this a few months ago when I was on the podcast at the Federal Reserve. I predicted that the Federal Reserve would begin a rate cutting cycle, and that this cycle would be extensive. It would not be an overnight, 100 basis point cut, or anything like that we saw in March. So that rate cutting cycle has begun, and they continue to cut. And we did an entire episode on President Trump and the name calling with Federal Reserve Chair Jerome Powell, whose term ends in the middle of next year. It's May of next year, when he's leaving. And with all that pressure, I predicted that the Fed would begin its rate cutting cycle. We are in the. Cutting cycle right now. They did a few cuts last year and stopped, which I thought were mistakes. But with that being said, we are in the thick of this cutting cycle. We are going to see more cuts moving forward. And what that means you're already seeing it. As a real estate investor, you are seeing, I don't want to say low interest rates, but lower interest rates compared to where we were a year ago, compared to where we were certainly 234, years Well, maybe not four years ago, but three years ago, we are seeing far lower interest rates, and we will continue to see interest rates, in the sense of mortgage rates, plummet as a result of this. So enjoy the low rates while they last, because they're not going to last forever. Nothing lasts forever, but the Federal Reserve, you throw in the government shutdown, I think it makes sense that the Federal Reserve continues to cut, because there's no telling where inflation is going to go. The experts thought that inflation would go up, up, up, up and be a significant problem. They've been saying that since the election winner last year or the election night last year, we haven't necessarily seen that. We have seen inflation somewhat go up, but we haven't seen that runaway inflation that many of the experts predicted as a result of the tariffs, as a result of the rate cutting, I think it definitely helps that number one, Doge, cut several government programs and cut a lot of government spending, not as much as they thought they would, but they cut enough to where they're limiting the amount of federal government spending. We've also seen mass layoffs, mass layoffs in the public sector, which has seeped into the private sector as well, because many of these private companies, like an Accenture, for example, many of these tech companies that were getting subsidies from the government, that funding has stopped, and that has led to layoffs. Now, what layoffs do is layoffs create, I don't want to say deflation, but layoffs are disinflationary, right? And we've seen significant layoffs, like I said, since February of earlier this year, when Doge was in the thick this government shutdown has led to mass layoffs as well. So we've seen 10s of 1000s of people well, we've seen hundreds of 1000s of people furloughed, if not at least a million people furloughed now, they will end up getting their pay, but we've seen 10s of 1000s of people laid off as a result of this government shutdown. And what that means is, again, this is very disinflationary. That's less money that the government is spending moving forward, not just right now, but moving forward. So there's a savings there that's also more people who are probably going to hold on to their cash as tightly as possible as they find new work. So this is, once again, disinflationary. And what does all this mean? All of this, to me, seems disinflationary. It goes against the narrative that when you cut interest rates, inflation goes up. It goes against a narrative that when you implement tariffs, inflation goes up, and that's why we haven't seen the runaway inflation that many so called experts were predicting. I think moving forward, the Fed continues to cut because of the weakness, at least when it comes to the job situation, because of the weakness with jobs, and because of unemployment, it's gone up somewhat. I think the Fed ends up continuing their rate cutting cycle through the end of Powell's term, and it could be just a series of 25 basis points every time they meet. Maybe if things get if there's something that they don't like, they up it to 50 basis points at one of the meetings. But the bottom line is, I think they're just going to keep cutting until Powell is gone, and then Trump will put in his guy into the Fed chair. And by that point, we may have cut enough to where there's not much left to cut yet, and that's when we're going to see there's a chance that could happen, or there's a chance the next guy will pick up where Powell left off and and do series of cuts as well. But what that means is that mortgage rates, we can expect, that's one of the most common questions I get from GRE followers, yeah, it's where do you see mortgage rates going? Because these people, they're not a lot of our followers, they're not following the intricacies of the market. Most of our followers have full time jobs as doctors or dentists or engineers or IT workers, and they're not following the ins and outs. And so the most common question that I get is, where are interest rates going? And I've been pretty spot on for the past few years, minus a few mistakes that I thought the Fed made. But I'm very confident when I say, just like I said when I came on earlier this year, that interest rates are on their way down there, and they are not on their way up.   Keith Weinhold  29:51   Just wait until this administration gets their guy in as the Fed chair. It almost feels like we're going to see a Javier Malay Argentina. President, you know, coming in with the chainsaw, they want to cut rates so aggressively, this administration, and Jerome Powell has sort of been a buffer against that, and Naresh has been using the term disinflation. I don't want you, the listener, to confuse that with deflation. Deflation means an increase in the purchasing power of your dollar, something that we rarely see. Disinflation means a slowing in price increases, meaning the rate of inflation goes down. And yes, I think it's been pretty obvious, and I've stated on the show before as well, that the Fed cares more about the employment situation than they do the inflation situation, probably, and you as an investor, you need to be careful what you wish for, because low rates sound really good, and they can be, but high employment typically correlates with high interest rates of all types, and lower employment typically correlates with low rates of all types. Rates get lowered because they know that the economy needs the help so you can't get both. You can't get both high employment and low rates. That condition doesn't persist for very long. And the Naresh during this part of the cycle, it's really been unusual and interesting at how new build properties have such advantages for investors today, including the aberration that the median new build property costs $33,500 less than the median existing property. That data is per the NAR when we think about new build property. Well, wait, first of all, that sounds amazing, and some people are incredulous about that, but there are reasons that the average new build property costs less. A lot of times the size is smaller. A lot of builders are building further from city centers. So I think before an investor gets in and buys a new build property, one really important question for them to ask is, oh, okay, well, how far is that property from an employment center. But otherwise, it's really the right time in the cycle for new build. New build can make your investment more passive. You know, you've got new fixtures, of course, and a warranty, and you're going to have lower insurance costs as well, typically, on a new build property. And Naresh, as you're talking with our followers and investors about new build property. I'm just kind of wondering, do you get more people that want to self manage the property because it's new build, because they figured that their maintenance and repair requests are going to be fewer? Or what do you see in there?   Naresh Vissa  32:35   No, not at all. Because the strength of GRE is that we connect investors, we coach investors so that they can own real estate around the country. They're not owning real estate in their neighborhood or in the area that they live in. We only focus on markets that make sense, generally linear markets, state friendly landlord friendly states, those other markets we are focusing on. So even with new builds we are seeing, I would say 100% of investors saying, hey, I want professional property manager, managing the property that's extremely, extremely common, that is the norm. I will also say, with new builds you brought up earlier, when you introduced me, I own several properties. The last two properties I bought were new construction. Were new builds. Yeah. And I personally comparing the first six properties of rehabs to my last two, which were new builds, I've had far fewer issues with the new builds, not just far fewer issues. I would say overall, the profitability has been greater with the new builds, despite the pro forma initially showing that I would barely Break Even now, I did buy several several years ago before all this appreciation and inflation hit. But it certainly helped a lot to have new builds where the maintenance is far lower and where the quality of the tenant is extremely high. So I generally recommend our investors, if you have the capital available, and generally, just to keep things simple, I say if you have $100,000 in liquid cash ready to go, there's no reason why you shouldn't be buying a new build. Would I waste my time with the rehabs, with the burrs. I mean, those could be profitable too. You should never say no to anything but the new builds. I've slept better at night because of those reasons, because I know at least for the first 10 years that there aren't going to be any major problems and the quality of the tenant is going to be far higher. So I'm a huge fan of new builds, not pre construction. Pre construction means you're buying a plot of land, and then you hope that the builder is going to build a home on top of it. And most of the time, the builder does, but many times, as we saw during the pandemic, there were key. Countless stories around the country of developers selling pre construction and then nothing ever got built. They ended up flipping the land and generating a profit off of it. I don't recommend those at all, but new construction is the way to go. And I'll also add one more tidbit about the previous topic that we talked about, regarding interest rates also remember that lower interest rates mean that the government and their debt they're going to be paying, they can refinance their debt and pay lower interest on their debt when interest rates go down. So that's also going to help reduce the the deficit, and it's going to help reduce the debt as well. So that will help bring inflation down.   Keith Weinhold  35:42   We're talking about buying a property that's already built with new construction, and in a lot of cases, like we'll talk about shortly, it's already tenanted for you as well. So it really reduces the guesswork and the waiting. And of course, new build properties tend to appreciate better than existing properties. So, yeah, tell us more about new build properties, because they tend to be in Florida and Texas that really has an outsized number of them right now. And that's where the builders are really giving incentives when we talk about appreciation, and where we think about appreciation going in the future. You know, appreciation has been really tepid, really boring. Prices have even contracted a little in some Florida and Texas sub markets, but with the long term trend, visual capitalists just shared a terrific map from today to 2050 for example, the Texas population is expected to grow 27% one of the fastest growth states that there is going to be. And a lot of people say, Oh, isn't it going to pass California in population soon? No, not anytime soon. It'll be decades. California is expected to grow 8% over the next 25 years, but Texas is a place where the numbers still can make sense on new build, because you have some overbuilding. So some builders are really incentivized to give you a good deal.   Naresh Vissa  37:06   Well, there are several markets in general. Let's just talk about it. You use an important term, which is appreciation. With new builds, the likelihood of appreciation is greater. This is statistically backed up. You can go check your sources, but the likelihood of appreciation is far greater with new builds compared to older rehabs, a property that's 50 years old, six years old. In fact, those properties probably appreciated early on in their life cycle, and that's just generally how it works. So with new builds, I say look, cash flow is still important. Cash flow is one of the tenets of real estate paying five ways. It's one of the core tenets of get rich education. But you also have that appreciation play with new builds. Again, it's about markets, because if you're buying a new build in, let's say a California or a New York or a New Hampshire, some really anywhere in the northeast, then it is somewhat of a speculative play, depending on the price point, depending on a lot of different other factors. But when you're talking about the markets that we operate in at GRE you brought up two of them, Florida and Texas. There are other markets, like in Tennessee and Oklahoma, where we have new constructions, and they are also positive, cash flowing, high appreciation place. So you just never know what's going to happen. I bought a new construction, for example, just outside of Memphis six years ago. It was just outside of Memphis in Mississippi six years ago, and I bought it for purely cash flow purposes. The pro forma looked good. Property was brand new. It was near several areas where there were many jobs. So I said, Hey, this is a good cash flow play. And I even remember asking my sales agent, hey, what do you think about appreciation? I usually never buy for appreciation, but this is a new construction. What do you think? And he said, You know what? I don't know if this is really going to appreciate that much. I'm not really sure about that. So I said, that's fine. I like the cash flow. Well, fast forward, six years later, as I said, we you just never know what's going to happen. We saw this inflation. We also saw an influx of people migrating into Tennessee, migrating into Mississippi, especially that Mississippi Tennessee border migrating into the Memphis area. Now we have the Trump administration, sent in the National Guard  about about a month ago, sent in the National Guard into the Memphis area, and they haven't left. They're still there, and crime has is at least based on the numbers that crime has really the National Guard has made a big difference on crime, and that's usually the number one deterrent for a market like Memphis. The point that I'm making here is that you just never know what's going to happen with these new construction builds. If you can get positive cash flow, I always tell our listeners. Shouldn't buy a new construction that's negatively cash flowing. You still want to protect yourself. You don't want to be paying money out of your bank account to own a property. Money should be coming in. So you still want to be positive cash flow. And the appreciation is a huge, huge plus, even in areas that you would not think or that you would not expect to appreciate all that much.   Keith Weinhold  40:22   Appreciation just is not as much of a story over on some other platforms, perhaps, or the way that people think about it, because if you pay all cash, appreciation isn't that good for you, but you're leveraged at four to one or five to one with a 20 to 25% down payment, which can really give you those outsized rates of return, which aligns with what we talk about here at GRE Well, we have a live upcoming virtual event. It is this coming Thursday, and before I ask you if you have anything else to tell the audience here as we wrap up, Naresh, it is hosted by you. So it is co hosted by our own in house investment coach Naresh, and our guest that you heard last week here on the show radio veteran Adam. The Event Thursday is called how to scale your portfolio with tenanted cash flowing new construction properties where you can get up to $41,000 cash back after closing, we talk about these builder incentives. So today's real estate market is really giving buyers opportunities for new builds that I haven't seen, maybe ever. Builders are incentivized to move their properties, and we've made headway with builders to get you up to a 10% cash back incentive at closing when you purchase, you can either take the cash at closing or boost your cash flow by buying down your rate, perhaps get some rent credits, so learn how you can take advantage and really prime yourselves for moves today that are going to lead to your success in coming years. And we have tenanted again, tenanted already occupied new build properties in hot markets like Houston, San Antonio, Dallas, Texas, ready for you to purchase with up to that 10% builder incentive so that you can cash flow from day one. And these properties are really in high quality communities, primarily owner occupied, high appreciation, upside, solid rent growth. So learn the strategy, learn the markets and even see available new build income property. The benefit of you attending is that you can have your questions answered in real time by Naresh or Adam. You can sign up for that now at grewebinars.com It is Thursday, November 13, at 8pm Eastern. Any last thoughts as we lead into Thursday, Naresh?   Naresh Vissa  42:45   Gre, webinars.com gre, webinars.com go to that website to register for our free online special event. It will be live. I'm going to be there with Adam. You heard on last week's podcast, we've got some great deals and great incentives, like what you said, Keith, and they're all new constructions. They're all new constructions, mostly in Texas. And these are major markets in Texas too. We're not talking, yeah, many of our followers and listeners, they see a new construction, and they're like, I've never heard of this place in Alabama, or I've never heard of this place in Oklahoma. These are in legitimate suburbs, areas outside of Dallas, Houston, San Antonio, some of them are even in Dallas, Houston, San Antonio proper. So these are markets that everybody is familiar with. It's not some podunk town that you may have seen on our GREmarketplace or GRE spreadsheet in an Arkansas or in Alabama. These are mostly in Texas. The incentives are great, and these are national builders as well. These are not small, no name, Mom and Pop builders. These are national builders who we are working with to offer these special incentives. These are names like you've heard. Many people have heard. Some of them are publicly traded companies like an LGI, that's a very large national builder. That's who we've partnered with to get these deals so grewebinars.com is the link to register for our online special event. GREwebinars.com. I hope to see all of you this Thursday,   Keith Weinhold  44:31   major builders, major markets and major incentives on new build property. You're going to hear more from Naresh on Thursday, it's been great having you back on the show.   Naresh Vissa  44:43   Thanks a lot. Keith   Keith Weinhold  44:50   oh yeah. Naresh does a better job of hosting GRE webinars than I do. In my opinion, you'll remember that I hosted them myself until 2020 23 but you know, maybe I'll come on to a future event for just the first five minutes on one of the upcoming ones, and give an intro before I let the real pros take over. This event is called really just what it is, how to scale your portfolio with tenanted cash flowing new construction properties. It's co hosted by Naresh and Adam, who you met last week. I have never seen this before, where the builder is giving you a fat 10% discount after closing, 10% you can use those 10s of 1000s of dollars to buy your rate down into the fours or other things like use it toward a down payment on another property, pair it with DSCR loans and pay no mortgage insurance on either property. You could buy one property or two properties or 18 properties through the event and DSCR loans. You might remember that means no time consuming income verification, no concerns about your debt to income ratio or W twos or tax returns. We'll show you how to do it all. Like Naresh was saying, we eat our own cooking. We ourselves. Here at GRE are investors too, and we are buying new build for our own personal portfolios. The time is right for this. It wasn't a few years ago, and a few years from now, it probably won't be either. Hundreds are already signed up for it. It is this Thursday, at 8pm Eastern. It's GRE, last event of the year. This is it one last time attend by signing up at grewebinars.com that's grewebinars.com Until next week, I'm your host. Keith Weinhold, don't quit your Daydream.   Speaker 4  46:59   Nothing on this show should be considered specific, personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC, exclusively. You   Keith Weinhold  47:27   The preceding program was brought to you by your home for wealth building, get richeducation.com  

Andreas Steno Larsen, founder and CEO of Steno Research, and Mikkel Rosenvold, partner and head of geopolitics for Steno Research, are back to break down the latest macro news and market drivers after a brutal week for risk assets.

Learn more about Advance Course (Master the Art of End-to-End AI Automation): https://multiplai.ai/advance-course/ Learn more about AI Business Transformation Course: https://multiplai.ai/ai-course/ Is your company's next hire… an AI agent?This week, Federal Reserve Chair Jerome Powell quietly sounded the alarm: job creation is stalling—and AI is likely behind it. Meanwhile, OpenAI is writing trillion-dollar checks its revenue can't yet cash, and Apple's Siri might finally be getting a real brain… courtesy of Google.If you're a business leader navigating 2026 and beyond, this is the episode you can't afford to miss.From massive layoffs masked as "rebalancing" to the quiet data wars fueling generative models, this episode maps the uncomfortable truths—and powerful opportunities—every executive should be tracking.

Tara dives deep into the intersection of immigration, politics, and economics shaping America today. From New Yorkers fleeing socialist-leaning policies in Palm Beach to the shocking election of a noncitizen mayor in Kansas, this episode exposes how policy decisions ripple through housing, elections, and national security. With a critical look at amnesty, voter verification, and the Fed's rate decisions, Tara unpacks the consequences for everyday Americans and outlines what needs to be done to reclaim control. Politics, policy, and power—what they don't want you to know. NYC exodus, Florida real estate, Mankami, socialism vs capitalism, immigration, illegal voting, Kansas mayor, Joe Ciballos, voter fraud, national citizenship database, Trump administration, Biden policies, amnesty, housing crisis, homeownership collapse, property taxes, home equity firms, deportations, rent inflation, used car prices, Jerome Powell, Fed rates, economic policy, Tara Show Today's episode covers the key events shaping the nation: New York to Florida Exodus: Realtors in Florida are overwhelmed with calls as New Yorkers flee rising taxes and socialist policies under Mayor Mankami, demonstrating the economic and political impact of population shifts. NYC Demographics & Elections: Nearly half of NYC's population is foreign-born, and 20% cannot speak English, influencing local elections. This raises concerns about the future of American cities and the effects of amnesty. Kansas Mayor Scandal: Newly elected Coldwater Mayor Joe Ciballos, a Mexican citizen, faces felony charges for illegal voting and election perjury, highlighting gaps in voter verification and oversight. National Citizenship Database: The Trump-era system is beginning to catch noncitizen voters, countering Biden-era policies that limited voter verification and enabled illegal access to Social Security numbers, including individuals on terror watch lists. Housing & Economic Pressures: Skyrocketing property taxes and home equity firms buying homes are pushing first-time homebuyers out of the market, while deportations of illegal immigrants are starting to affect housing prices and used car markets. Federal Reserve Critique: Jerome Powell's handling of interest rates is discussed as an example of how policy decisions can suppress job growth and economic opportunity. Takeaways & Call to Action: The episode emphasizes nonviolent activism, informed voter engagement, and systemic reform as necessary tools to protect the nation's future.

In this episode, Tara covers a sweeping range of interconnected issues reshaping America: NYC Exodus: Florida realtors are flooded with calls from New Yorkers fleeing high taxes and socialist-leaning policies under Mayor Mankami, demonstrating how political decisions can shift populations and markets overnight. Demographics & Voting: Tara highlights the impact of immigration on elections, citing that nearly 50% of New Yorkers are foreign-born and 20% cannot speak English, influencing voting outcomes in major cities. Kansas Mayor Scandal: Newly elected Coldwater Mayor Joe Ciballos is exposed as a Mexican citizen and illegal voter, now facing multiple felony charges, showcasing gaps in voter verification systems. Trump Database vs. Biden Policies: The episode explains the role of the Trump-era national citizenship database in catching noncitizen voters and the consequences of Biden-era executive orders that limited voter verification, which allowed millions of illegal immigrants access to Social Security numbers and benefits, including thousands on terror watch lists. Housing & Economic Strain: Rising property taxes, home equity firms buying homes, and inflated housing prices have caused first-time homebuyer rates to plummet, pushing the median age of first-time homeowners into the 40s. Deportations of illegal immigrants are beginning to affect housing and used car markets. Federal Reserve & Jobs: Tara critiques Jerome Powell's handling of interest rates, framing him as an “economic arsonist” whose decisions threaten job growth. Takeaway: The episode underscores the urgent need for enforcement of immigration laws, vigilance in election integrity, and awareness of economic policies affecting everyday Americans. The episode concludes with a reflection on nonviolent activism and systemic reform as a means to protect the future of the nation.

Tara exposes a series of shocking truths—from the Wuhan lab origins of COVID-19 and government censorship, to Chinese researchers smuggling weaponized pathogens into the U.S., to the infiltration of U.S. universities by foreign agents. She also explores alarming trends in American politics, crime glorification, economic sabotage, and workforce instability. This episode is a hard-hitting examination of threats to national security, public health, and everyday American life. Lies, cover-ups, bioweapons, and a country teetering on the edge—what you're not being told. In this explosive episode, Tara unpacks multiple crises facing the United States: 1. **COVID Origins and Cover-Ups:** UNC virologist Ralph Baric briefed U.S. intelligence agencies in January 2020 that COVID-19 originated in the Wuhan military lab, yet government agencies, social media platforms, and leading officials censored and misrepresented the facts for years. 2. **Funding Controversy:** Millions in U.S. taxpayer dollars from the Pentagon and USAID were sent to the Wuhan lab, raising questions about accountability and potential complicity in the pandemic's spread. 3. **Bioweapon Smuggling:** Chinese researchers at the University of Michigan have been caught attempting to smuggle genetically modified pathogens, including weaponized blight and ringworm, threatening American agriculture and public health. 4. **Political and Social Chaos:** Tara discusses alarming trends in U.S. politics, including crime glorification, illegal immigrant candidates, extremist political aspirants, and infiltration of government and defense agencies by foreign actors. 5. **Economic Instability:** October layoffs hit a 22-year high, while Federal Reserve actions, influenced by political agendas, are affecting job growth and economic stability. 6. **Cultural and Social Shifts:** Observations on early holiday displays, side hustles, and changing societal norms reflect a nation under stress and transition. This episode blends investigative reporting, national security concerns, and social commentary, warning listeners of the hidden forces shaping America's present and future. COVID-19, Wuhan lab, Ralph Baric, Anthony Fauci, deep state, censorship, Facebook, YouTube, U.S. defense funding, Pentagon, USAID, Chinese bioweapons, smuggling, University of Michigan, Gordon Chang, STEM espionage, food security, agricultural threats, revelation, crime glorification, Democratic politics, illegal immigration, extremist candidates, economic sabotage, Jerome Powell, layoffs, side hustles, Tara Show, national security

From the courtroom chaos surrounding Nancy Mace's explosive lawsuit to a shocking D.C. jury verdict over a Subway sandwich assault — Tara exposes the growing cracks in America's justice system and media double standards. Then, she breaks down the “job massacre” sweeping the U.S. economy — the worst October for layoffs since 2003 — and how Federal Reserve policy, AI, and political agendas are driving an unprecedented employment crisis. It's a wild ride through the week's biggest stories, from South Carolina scandal to post-American courtroom absurdity. When politics, justice, and the economy collide — truth gets messy. Nancy Mace lawsuit, South Carolina politics, DC Sandwich Man, liberal jury, post-American justice, economic crisis, Jerome Powell, job layoffs, AI automation, Federal Reserve, political double standards, Tara Show, media bias, U.S. economy In this episode, Tara and Lee unpack a chaotic news cycle that perfectly captures the state of America in 2025. First, Tara dissects the Nancy Mace lawsuit bombshell — claims of hacking, blackmail, and revenge politics wrapped in congressional immunity — and how lawsuits have become political weapons protected by speech laws. The discussion then pivots to D.C.'s “Sandwich Man” verdict, where a man was acquitted after assaulting a federal officer with a Subway sandwich, sparking outrage over selective justice and ideological juries. Finally, Tara dives into the “Job Massacre” — the worst October layoffs in over 20 years — and exposes how Federal Reserve Chair Jerome Powell's economic decisions and corporate reliance on AI are crushing American jobs. It's a gripping blend of political scandal, legal absurdity, and economic alarm — all through Tara's sharp, unfiltered lens.

Warren Buffett, Jerome Powell, and the bond market are all screaming the same warning—and it's not good. In this urgent episode, we break down 3 massive red flags flashing across the financial system… and why even Bitcoin could feel the shockwaves if this unravels.BOOK private one-on-one sessions with BITCOIN MENTOR! Learn self custody, hardware, multisig, lightning, privacy, running a node, and plenty more - all from a team of top notch educators that I've personally vetted.https://bitcoinmentor.io/—------------------------------FOLLOW BTC Sessions on X: x.com/BTCsessions—------------------------------SHOW SPONSORS:BITCOIN WELL BUY BITCOINhttps://qrco.de/bfiDC6COINKITE/COLDCARD (5% discount):https://store.coinkite.com/promo/BTCSessions AQUA WALLEThttps://qrco.de/bfiD8gNUNCHUK HONEYBADGER INHERITANCEhttps://qrco.de/bfiDARHODLHODL NO KYC P2P EXCHANGEhttps://hodlhodl.com/join/BTCSESSIONDEBIFI LOANShttps://qrco.de/bfiDCp#btc #bitcoin #crypto

In this episode of THE MORTGAGE SHOW, Randy and Chris break down the Fed's recent quarter-point rate cut, what it really means for mortgage rates, why Jerome Powell's comments have the market spooked, and how inflation and tariffs could shake things up next.They also hit on the new 2026 Conventional Loan Limit of $819,000, what to know about the ongoing government shutdown's effect on RD and FHA loans, and why you might want to take another look at 20 Year Fixed Mortgages.Hosted By:Randy ForcierLoan Officer | NMLS 322749CMG Home Loans9 Beach St, 2nd FloorSaco, ME 04072207-590-0337rforcier@cmghomeloans.comChris BedardLoan Officer | NMLS 323290CMG Home Loans9 Beach St, 2nd FloorSaco, ME 04072207-229-4731cbedard@cmghomeloans.com

2025 has been quite the year for consumer brands, but not in a good way. The industry writ large has underperformed for the past three years and many of the worlds largest consumer brand companies are resorting to mergers & acquisitions, asset sales, and spin offs to rejuvenate their prospects. The team looks at this as well as checking how frothy the AI market looks to the Federal Reserve chairman. Tyler Crowe, Lou Whiteman, and Rachel Warren discuss: - Kimberly-Clark's deal to acquire Kenvue - The numerous portfolio shakeups in consumer brands - Jerome Powell's comments on AI bubbles - What AI businesses are thriving vs those spinning their wheels Companies discussed: NVDA, AMXN, MSFT, GOOG, META, KMB, KVUE, JNJ, KHC, UL, NSRGY, PEP, K, DKS, PNG Host: Tyler Crowe Guests: Lou Whiteman, Rachel Warren Engineer: Dan Boyd Disclosure: Advertisements are sponsored content and provided for informational purposes only. The Motley Fool and its affiliates (collectively, “TMF”) do not endorse, recommend, or verify the accuracy or completeness of the statements made within advertisements. TMF is not involved in the offer, sale, or solicitation of any securities advertised herein and makes no representations regarding the suitability, or risks associated with any investment opportunity presented. Investors should conduct their own due diligence and consult with legal, tax, and financial advisors before making any investment decisions. TMF assumes no responsibility for any losses or damages arising from this advertisement. We're committed to transparency: All personal opinions in advertisements from Fools are their own. The product advertised in this episode was loaned to TMF and was returned after a test period or the product advertised in this episode was purchased by TMF. Advertiser has paid for the sponsorship of this episode. Learn more about your ad choices. Visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Jerome Powell's latest comments rattled the markets after a widely expected 25 bps rate cut — pushing mortgage rates back up despite hitting 3-year lows earlier in the week. Here's what happened, why Powell's wording matters, and what buyers & sellers in Greater Philadelphia should do now. We break down inflation data, jobs, predictions for December, and how to navigate housing decisions today.

We just experienced the first red October in 7 years! Today we're breaking down exactly what happened with the $19 billion liquidation event, rate cuts, and Trump tariff chaos. Plus, we reveal why the new Solana staking ETF and the 10X stablecoin thesis could still make Q4 the comeback we've been waiting for. You'll hear:  00:00 - Pav is back! (Sleep-Deprived Crypto Takes Incoming) 01:05 - Why We're Seeing the First Red October in 7 YEARS 03:17 - The $19 Billion Liquidation Event That DESTROYED Altcoins 04:42 - Supreme Court vs Trump's Tariffs: Why Crypto Markets Are NERVOUS 06:30 - Jerome Powell's Rate Cut SHOCKER: Why It Was Actually BAD News 08:06 - Trump & China Meeting: Are We Finally Seeing REAL Progress? 10:24 - Trump Tries to FIRE Fed Member - Here's What It Means for Rates 13:30 - Zcash: A Beacon of Green in a Sea of Red 15:55 - Solana Staking ETF Launches With $65M 17:57 - The 10X Solana Thesis: Why Stablecoins Will Make SOL Explode 20:37 - Solana's Handheld Device CANCELLED - What Went Wrong? … and much more! Want to see what we're looking at every episode? Watch the YouTube version of the podcast here. Ready to start? Get $10 of FREE Bitcoin on Swyftx when you sign up and verify:  https://trade.swyftx.com.au/register/?promoRef=tappingintocrypto10btc  To get the latest updates, hit subscribe and follow us over on the gram @tappingintocrypto or X @tappingintocrypto If you can't wait to learn more, check out these blogs from our friends over at Swyftx. The Tapping into Crypto podcast is for entertainment purposes only and the opinions on this podcast belong to individuals and are not affiliated with any companies mentioned. Any advice is general in nature and does not take into account your personal situation, if you're looking to get advice, please seek out a licensed financial advisor.

Steve Forbes explains why the Federal Reserve must continue cutting rates despite Fed Chair Jerome Powell's hesitance to do so, warning that failure would cause the stock market's bull run to turn bearish. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The Fed says it's “flying blind,” but somehow keeps reaching for the autopilot. In this episode of The Higher Standard, Chris, Saied, and Rajeil break down the latest 25-basis-point rate cut and the confusing logic behind Jerome Powell's “data-driven” decision-making... made without, well… the data. From the Beige Book to balance-sheet shrinkage (and yes, the jokes write themselves), the guys dissect how the Fed's moves are shaping jobs, mortgages, and the markets. All while Powell looks like he's literally in bed with A.I.➡️ Picture J.P. himself, post-press conference, lounging in a robe, cigarette in hand, with a grinning robot by his side. It's the perfect metaphor for an economy seduced by artificial intelligence and easy money. Meanwhile the rest of us wonder who's really in control. The team dives into the absurdity, the economics, and the existential dread of our new robot overlords, all with the wit, sarcasm, and brutal honesty only The Higher Standard can deliver.

On this episode of the South Carolina Lede for November 4, 2025: we look at the latest drama from the gubernatorial campaign trail, including Congresswoman Nancy Mace's security meltdown; we have the latest on the government shutdown; Federal Reserve Chairman Jerome Powell provides an economic update while cutting rates; and more!

Stephen Miran isn’t auditioning to run the Federal Reserve. He’s auditioning to destroy it. Like so many in Trump’s sphere, Miran was selected for his ability to appear like he’s doing the right thing and making the tough choices. In reality, he exists to destroy the thing he’s spent his entire life trying to be a part of. Miran is a highly educated and competent analyst whose academic veneer and projection of empathy belie his craven desire for power and to eradicate the independence of the Fed and place it under direct authority and control of the president. And make no mistake, when Jerome Powell’s term is up, this is who will be in charge of the Fed. Chapters Intro: 00:01:00 Chapter One: The Audition. 00:02:10 Chapter Two: The Power and Powers of the Fed. 00:07:15 Chapter Three: Who Is This Numbnut? 00:13:06 Chapter Four: Consistently Inconsistent. 00:18:34 Bring It Home, Max: 00:23:46 Resources Federal Reserve Board: Stephen I. Miran Barron’s: Last Year, Trump’s New Man at the Fed Thought Rates Were Too Low. What Changed Miran’s Articles + White Papers City Journal: Is Having the Reserve Currency Good for the U.S.? Manhattan Institute: The Fed Isn’t as Independent as It Seems Manhattan Institute: The Fed Doesn’t Need to Cut. Financial Conditions Are Already Loosening. Manhattan Institute: The Fed Is Facing a Changed World. The Case Against Cuts. Hudson Bay Capital: A User’s Guide to Restructuring the Global Trading System Manhattan Institute: Reform the Federal Reserve’s Governance to Deliver Better Monetary Outcomes -- If you like #UNFTR, please leave us a rating and review on Apple Podcasts and Spotify: unftr.com/rate and follow us on Facebook, Bluesky, TikTok and Instagram at @UNFTRpod. Visit us online at unftr.com. Join our Discord at unftr.com/discord. Become a member at unftr.com/memberships. Buy yourself some Unf*cking Coffee at shop.unftr.com. Visit our bookshop.org page at bookshop.org/shop/UNFTRpod to find the full UNFTR book list, and find book recommendations from our Unf*ckers at bookshop.org/lists/unf-cker-book-recommendations. Access the UNFTR Musicless feed by following the instructions at unftr.com/accessibility. Unf*cking the Republic is produced by 99 and engineered by Manny Faces Media (mannyfacesmedia.com). Original music is by Tom McGovern (tommcgovern.com). The show is hosted by Max and distributed by 99.Support the show: https://www.unftr.com/membershipsSee omnystudio.com/listener for privacy information.

Podcast del programa Imagen Empresarial transmitido originalmente el 03 de noviembre del 2025. Conduce Rodrigo Pacheco. Los entrevistados de hoy: Entrevistado: André Maurin Parra, analista económico en Monex Tema: *Los comentarios de Jerome Powell moderaron el optimismo de los inversores sobre una flexibilización monetaria profunda por parte de la FED, hay indecisión entre los miembros del FOMC y el cierre de gobierno impide la claridad sobre el desempeño de la economía estadounidense. Hacia adelante, ¿Qué aspectos deberíamos de considerar para tener mayor certidumbre del rumbo de la FED? *La economía mexicana se contrajo en el tercer trimestre del año, ¿qué explica este comportamiento y qué esperan hacia el cierre del año? *Con estos eventos, el peso alcanzó un nivel de $18.60 por dólar durante la semana, ¿Cuál es la expectativa hacia el cierre del año y qué factores justifican esa visión? Entrevistado: Juan Carlos Anaya, director de GCMA (Grupo Consultor de Mercados Agrícolas) Tema: TMEC, inflación y bloqueos

This year's financial markets have been a roller coaster, delivering strong—yet volatile—returns. Federal Reserve Chairman Jerome Powell describes the current labor market as "low hiring and low firing," where job openings have dried up but mass layoffs haven't materialized. With a new wave of stimulus hitting the economy (tax cuts and lower interest rates), we break down our views on what happens next for investors. Unrelated, and just for fun, we also have a little fun describing the perfect PBNJ sandwich!

Shaun explains how Halloween could be the birthday of welfare. PLUS, Jan Jekielek, senior editor with The Epoch Times and author of the upcoming book Killed to Order: China's Organ Harvesting Industry and the True Nature of America's Biggest Adversary, tells Shaun about the CCP's ongoing horrific state-sanctioned harvesting of organs from prisoners of conscience and how the Chinese Elite believe they will reach immortality with this $9 BILLION a year industry. And The Heritage Foundation's Dr. EJ Antoni tells Shaun how Jerome Powell is directly undermining Trump's economics.See omnystudio.com/listener for privacy information.

Links & ResourcesFollow us on social media for updates: ⁠⁠Instagram⁠⁠ | ⁠⁠YouTube⁠⁠Check out our recommended tool: ⁠⁠Prop Stream⁠⁠Thank you for listening!

APROVEITE A BLACK FRIDAY EMPIRICUS: https://emprc.us/HGGywv As gigantes de tecnologia voltaram a dominar o noticiário financeiro. Alphabet (Google), Microsoft, Meta, Amazon e Apple divulgaram resultados trimestrais muito acima das expectativas, impulsionadas pelo boom da inteligência artificial (IA). O avanço do Google Cloud, Azure, AWS e da publicidade digital reforça que o ciclo da IA continua gerando crescimento acelerado, lucros recordes, novos investimentos em infraestrutura e oportunidades bilionárias para investidores em ações de tecnologia.Enquanto isso, o Federal Reserve (Fed) cortou os juros nos EUA em 25 pontos-base, mas surpreendeu ao afirmar que novos cortes não estão garantidos. A decisão veio em meio à falta de dados oficiais de inflação e emprego, às divisões internas no comitê e ao anúncio do fim do aperto quantitativo em dezembro. Jerome Powell comparou a situação a “dirigir na neblina”, alertando para um cenário de cautela econômica, mercado volátil e incerteza nos próximos meses.No quadro Compra ou Vende, nossos analistas discutem:- Nvidia (US$ 5 trilhões em valor de mercado) e as expectativas para seus resultados impulsionados pela IA;- Vale, com destaque para o balanço do 3º trimestre e o impacto das commodities globais;- ETF ARGT, influenciado pela vitória de Javier Milei na Argentina e os reflexos para o mercado latino-americano.Com Larissa Quaresma, Matheus Spiess e Enzo Pacheco, analistas da Empiricus Research, debatendo os principais temas de macroeconomia, política e investimentos da semana.Aproveite a Black Friday da Empiricus: acesso a todas as carteiras da casa pelo preço de uma única premium — uma chance única de diversificar seus investimentos com inteligência: https://emprc.us/HGGywv

Markets got the rate cut they expected — but not the clarity they wanted. Fed Chair Jerome Powell stunned investors by signaling that December's cut is “far from a foregone conclusion,” while also announcing an end to quantitative tightening. With two dissents on the committee and growing confusion over data gaps from the government shutdown, Powell's cautious tone left markets guessing. Stocks whipsawed, Bitcoin fell, and questions mounted about liquidity risk and the so-called “AI bubble.” Today on The Breakdown, NLW unpacks a Fed day that left everyone wondering what comes next. Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtube.com/@TheBreakdownBW Subscribe to the newsletter: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://blockworks.co/newsletter/thebreakdown⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Join the discussion: https://discord.gg/VrKRrfKCz8 Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownBW

Steve Forbes shares his unvarnished reaction to Fed Chair Jerome Powell's press briefing on Wednesday, calling out Powell's comments about a possible December rate cut and slamming the institution for remaining wedded to the false idea that prosperity causes inflation.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

On this episode of Radio Rothbard, Jonathan Newman joins Ryan and Tho to discuss this week's Fed rate cut, and to breakdown down Jerome Powell's most recent press conference.

On Wednesday, the Federal Reserve announced a highly anticipated quarter-point cut to interest rates. But the road to future rate cuts is pretty murky. WSJ's Nick Timiraos explains how missing government data is obscuring the Fed's view of the economy, and why Fed Chair Jerome Powell says a December rate cut is “not a foregone conclusion.” Ryan Knutson hosts. Further Listening:  - The Government Shutdown: Who Will Blink First? - The Drama at the Fed as It Debates Cutting Rates  Sign up for WSJ's free What's News newsletter.  Learn more about your ad choices. Visit megaphone.fm/adchoices

The Federal Reserve cut interest rates again but Fed Chair Jerome Powell had a warning for Wall Street. The Wall Street Journal reports rates are now at their lowest in in three years. A judge in Chicago ordered ICE’s commander leading operations in the city to report to court daily for briefings on the use of force — an order that was paused just before the first check-in. The Chicago Tribune’s, Jason Meisner explains. Police in Rio de Janeiro, Brazil carried out the largest raid against a drug gang in the city’s history leaving at least 132 dead. AFP reports the action drew swift condemnation. Plus, a new report suggests how much healthcare costs could be about to rise for millions of people, Jamaica begins to asses damage from hurricane Melissa, and how a new book by Dr. Seuss was discovered. Today’s episode was hosted by Shumita Basu.

Bombshell information has come out regarding the Joe Biden autopen scandal. This comes as Congress has also revealed shocking intel about an FBI scandal. Jesse Kelly chats with Senator Marsha Blackburn and Congressman Russell Fry about the big news. Plus, the Federal Reserve just made a big decision on interest rates. Carol Roth breaks it down. I'm Right with Jesse Kelly on The First TV Pure Talk: Go to https://www.puretalk.com/JESSETV and save 50% off your first month. Cowboy Colostrum: Get 25% Off Cowboy Colostrum with code JESSETV at https://www.cowboycolostrum.com/JESSETVFollow The Jesse Kelly Show on YouTube: https://www.youtube.com/@TheJesseKellyShowSee omnystudio.com/listener for privacy information.

-- On the Show: -- Jonathan Karl, Chief Washington Correspondent for ABC News, joins us to discuss his new book "Retribution: Donald Trump and the Campaign That Changed America" -- Fourteen Republicans rebuke Trump's trade plan, saying his Argentina beef deal hurts U.S. ranchers and exposes GOP fractures -- Donald Trump claims he's restarting nuclear tests and mimics dictators to project false strength -- Donald Trump gushes over Chinese President Xi Jinping and spins his failed trade war as a win -- Donald Trump rambles about tariffs and deals after meeting Xi Jinping, showing confusion and fixation on flattery -- HHS Secretary Robert F. Kennedy Jr. admits there's no proof Tylenol causes autism, undermining his own conspiracy claims -- Fed Chair Jerome Powell blames Trump's tariffs for rising inflation and a weakening job market -- FBI Director Kash Patel used a government jet for personal trips with his girlfriend, billing taxpayers for luxury travel -- On the Bonus Show: Tucker Carlson hosts Nick Fuentes on his podcast, an AI school security system mistakes a Doritos bag for a gun, arrests made following the Louvre heist, and much more...

Donate (no account necessary) | Subscribe (account required) Join Bryan Dean Wright, former CIA Operations Officer, as he dives into today's top stories shaping America and the world. In this episode of The Wright Report, Bryan covers the Federal Reserve's rate cut and what it means for Trump's economy, the looming risks of the AI revolution, a power struggle inside the FBI and U.S. intelligence community, and the explosive fallout from Trump's nuclear weapons announcement during his summit with China's Xi Jinping. The Fed Cuts Rates — and Markets Panic: The Federal Reserve lowered interest rates by a quarter point as expected, but markets tanked when Chairman Jerome Powell signaled no further cuts this year. Bryan warns that the Fed may be playing politics against Trump and that the slowdown — fueled by AI-driven job losses — could spark a populist backlash before next year's midterms. The AI Revolution and a New Working Class Crisis: Major companies like Amazon are slashing tens of thousands of white-collar jobs as AI automation takes hold. Bryan compares today's upheaval to the Industrial Revolution, predicting decades of struggle for young workers and a coming rise in left-wing populism if the White House fails to address economic pain. FBI vs. Intel Community Turf War: FBI Director Kash Patel and Intel Chief Tulsi Gabbard are battling over who controls America's counterintelligence mission — the same bureaucratic fight that contributed to 9/11. Bryan urges listeners to back a new congressional bill centralizing the mission under one agency before disaster strikes again. Trump and Xi — A Nuclear Gamble: During his summit with China's President Xi, Trump announced that the U.S. will resume nuclear weapons testing for the first time since 1992. China's reaction was icy, though both sides reaffirmed trade and fentanyl agreements. Meanwhile, Malaysia already broke part of its rare earth deal with Washington, proving how fragile global cooperation remains. The Netherlands and a Warning for Trump: Populist Dutch leader Geert Wilders lost power after failing to deliver economic results, offering what Bryan calls "a cautionary tale for the GOP." He argues Republicans must scrap the Senate filibuster and act decisively on jobs and immigration before their working-class base walks away. "And you shall know the truth, and the truth shall make you free." - John 8:32 Keywords: Federal Reserve rate cut Powell, Trump economy AI revolution, Amazon layoffs automation, FBI Tulsi Gabbard counterintelligence bill, Trump Xi nuclear testing summit, China rare earth exports Malaysia, Geert Wilders Netherlands election loss, GOP filibuster reform

The Federal Reserve cut interest rates again — but Fed Chair Jerome Powell says another cut isn't a sure thing. In this episode, Kathy Fettke breaks down the Fed's latest quarter-point move, and why policymakers are sending mixed signals about the next meeting. The Fed also announced it will end its quantitative tightening program in December — a shift that could ease pressure on credit and lending.

Big donors may have a major influence on who wins the NYC mayoral race. A new video is surfacing on the web of Zohran Mamdani speaking at rallies a few years ago, highlighting his antisemitic views. Mark interviews Boston radio host Howie Carr. Andrew Cuomo, compared to Zohran Mamdani, may be the lesser of two evils when it comes to voting in the NYC mayoral race. Curtis Sliwa needs a different approach to gain more votes as election day approaches. The Democrats and Republicans keep voting down agreements to end the government shutdown. Fed Chair Jerome Powell lowered interest rates by a quarter point yesterday. Mark interviews WOR weeknight host Jimmy Failla. Jimmy thinks Andrew Cuomo should tone down his opinions about what he would do if Zohran Mamdani became the next mayor. CBS News is continuing to lay off its staff who have strong progressive views on the station. See omnystudio.com/listener for privacy information.

The Democrats and Republicans keep voting down agreements to end the government shutdown. Fed Chair Jerome Powell lowered interest rates by a quarter point yesterday. Mark takes your calls! Mark interviews WOR weeknight host Jimmy Failla. Jimmy thinks Andrew Cuomo should tone down his opinions about what he would do if Zohran Mamdani became the next mayor. CBS News is continuing to lay off its staff who have strong progressive views on the station.See omnystudio.com/listener for privacy information.

The Democrats and Republicans keep voting down agreements to end the government shutdown. Fed Chair Jerome Powell lowered interest rates by a quarter point yesterday. See omnystudio.com/listener for privacy information.

The Democrats and Republicans keep voting down agreements to end the government shutdown. Fed Chair Jerome Powell lowered interest rates by a quarter point yesterday.

Big donors may have a major influence on who wins the NYC mayoral race. A new video is surfacing on the web of Zohran Mamdani speaking at rallies a few years ago, highlighting his antisemitic views. Mark interviews Boston radio host Howie Carr. Andrew Cuomo, compared to Zohran Mamdani, may be the lesser of two evils when it comes to voting in the NYC mayoral race. Curtis Sliwa needs a different approach to gain more votes as election day approaches. The Democrats and Republicans keep voting down agreements to end the government shutdown. Fed Chair Jerome Powell lowered interest rates by a quarter point yesterday. Mark interviews WOR weeknight host Jimmy Failla. Jimmy thinks Andrew Cuomo should tone down his opinions about what he would do if Zohran Mamdani became the next mayor. CBS News is continuing to lay off its staff who have strong progressive views on the station.

The Democrats and Republicans keep voting down agreements to end the government shutdown. Fed Chair Jerome Powell lowered interest rates by a quarter point yesterday. Mark takes your calls! Mark interviews WOR weeknight host Jimmy Failla. Jimmy thinks Andrew Cuomo should tone down his opinions about what he would do if Zohran Mamdani became the next mayor. CBS News is continuing to lay off its staff who have strong progressive views on the station.

Meta tumbled about 12 percent and Federal Reserve Chair Jerome Powell suggested the central bank may not cut interest rates again at its December meeting, Bay Area Loansource's Tony Mendes on the current markets, More on the last EP Wealth Advisors and Rob Black Pints and Portfolios of the year on Dec 6th from 12pm to 2pm PST

Links & ResourcesFollow us on social media for updates: ⁠⁠Instagram⁠⁠ | ⁠⁠YouTube⁠⁠Check out our recommended tool: ⁠⁠Prop Stream⁠⁠Thank you for listening!

Jerome Powell's next move could send Bitcoin vertical—and BlackRock's Larry Fink is already sounding the alarm. Joe Bryan, Max Hillebrand, and Knut Svanholm join BTC Sessions to break down the financial pressure cooker building under the surface—and why investors must pay attention now.FOLLOW TODAY'S PANELISTS:https://x.com/satmojoehttps://x.com/knutsvanholmMax on NOSTR: https://njump.me/npub1klkk3vrzme455yh9rl2jshq7rc8dpegj3ndf82c3ks2sk40dxt7qulx3vtFOLLOW BTC SESSIONS on X/Nostr: x.com/BTCsessionsbtcsessions@getalby.comBOOK private one-on-one sessions with BITCOIN MENTOR! Learn self custody, hardware, multisig, lightning, privacy, running a node, and plenty more - all from a team of top notch educators that I've personally vetted.https://bitcoinmentor.io/—------------------------------SHOW SPONSORS:BITCOIN WELL - BUY BITCOINhttps://qrco.de/bfiDC6COINKITE/COLDCARD (5% discount):https://qrco.de/bfiDBVAQUA WALLEThttps://qrco.de/bfiD8gNUNCHUK HONEYBADGER INHERITANCEhttps://qrco.de/bfiDARHODLHODL NO KYC P2P EXCHANGEhttps://hodlhodl.com/join/BTCSESSIONDEBIFI LOANShttps://qrco.de/bfiDCp#btc #bitcoin #crypto

S&P Futures are pointing lower this morning as investors digest a wave of earnings, Fed commentary, and geopolitical updates. Mega-cap tech continues to deliver strong margins, though Microsoft's softer PC outlook weighed on its guidance. Fed Chair Jerome Powell struck a hawkish tone in yesterday's press conference, signaling that a December rate cut is not a foregone conclusion. Meanwhile, U.S.–China talks wrapped up as expected, easing trade tensions with no surprises. We'll also touch on YouTube's expiring agreement with Disney, the FDA's push to streamline biologic drug testing, and the latest corporate movers — from GOOG and LLY to META, MSFT, and MRK. After the bell, all eyes turn to Apple, Amazon, Coinbase, Reddit, and Roku, with ABBV, CVX, and XOM set to report tomorrow morning.

P.M. Edition for Oct. 29. The Fed cut interest rates by a quarter percentage point today, as was widely expected. But comments from Fed Chair Jerome Powell cast doubt on another cut in December. WSJ chief economics commentator Greg Ip joins to discuss. Plus, a trio of big tech companies report quarterly earnings that exceed analyst expectations… mostly. And a Senate proposal to raise the limit on insured deposits is creating surprising political alliances—and, as WSJ reporter Dylan Tokar explains, would be a nightmare scenario for the nation's biggest banks. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Bill Pulte joins Patrick Bet-David, Tom, and Brandon to discuss the U.S. housing crisis, Jerome Powell's interest rate decisions, and why builders are sitting on millions of empty lots. From rent counting toward mortgages to crypto-backed loans, they break down how housing policy and inflation shape America's future.

U.S. stocks close mixed after Federal Reserve Chair Jerome Powell's comments following new rate cut. Plus: Nvidia sets a market cap record. And strong Google earnings send the stock higher after the bell. Microsoft and Meta also report. Katherine Sullivan hosts. Sign up for the WSJ's free What's News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

President Donald Trump is winding down his trip across Asia. Today, he meets with South Korean President Lee Jae Myung for what many are expecting will be thorny trade talks. But in a way, everything now is a precursor to the big finale of the trip: Trump's meeting with Chinese President Xi Jinping. Playbook's Jack Blanchard and White House Bureau Chief Dasha Burns walk through what to expect. Plus, eyes are fixed on Fed Chair Jerome Powell again for his interest rate announcement later today.

More record highs for the major averages ahead of the Fed decision and earnings from the three of the Magnificent 7 names. Longtime market watcher Mohamed El-Erian gives his predictions ahead of Jerome Powell's press conference. Meantime Nvidia hit a record high, becoming the first company to push above 5 trillion dollars in market cap. Plus what to expect from Alphabet's earnings report, and a conversation from Saudia Arabia with Brookfield CEO Bruce Flatt, fresh off an $80 billion nuclear deal with the U.S. Government.Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

We're LIVE for the FOMC meeting — and Jerome Powell's speech could trigger a MASSIVE crypto rally! All eyes are on the Fed as traders brace for potential rate cuts and liquidity signals that could send Bitcoin, Ethereum, and Solana soaring.