from Kerry Lutz's Financial Survival Network
Kerry Lutz and Ted Thatcher analyzed recent job market data, noting an unemployment rate of 4.2% and the addition of 177,000 jobs, alongside downward revisions of previous job figures. They discussed the reduction in government spending and its beneficial effect on GDP, stressing the importance of monitoring waste and inefficiency in government expenditures. The discussion also covered market uncertainties stemming from fluctuating tariffs and trade negotiations, highlighting the necessity for solid trade agreements to ensure market stability. Furthermore, they examined the challenges posed by high credit card interest rates and their impact on the financial well-being of Americans.
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