This discussion dives into the Fed's split opinions on interest rate cuts amidst a confusing economic landscape. AI's growing influence hints at a quiet halt in job growth, while personal anecdotes from a surprising squatter situation in Vegas spark laughter. The hosts unveil why a softening market creates golden opportunities for savvy investors. They also explore innovative mortgage solutions like 50-year terms and the nuances of Vegas's real estate market, giving practical insights to navigate uncertain times.
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insights INSIGHT
Fed Faces A Clear Tradeoff
The Fed is split between prioritizing inflation control and supporting the economy, creating uncertainty on rate cuts.
This split means December's decision will signal which mandate the Fed prioritizes next year.
insights INSIGHT
AI Will Quietly Curb Hiring
AI adoption will let firms grow output without adding headcount, creating a silent hiring freeze.
Ken expects businesses to implement efficiency gains next year rather than expand payrolls.
volunteer_activism ADVICE
Boost Capacity Before Hiring
Assess workflows and push productivity per employee before hiring more staff.
Use AI and process changes to double capacity where possible instead of immediately adding headcount.
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Ken and Danille analyze the Federal Reserve’s split stance on rate cuts and predict how AI adoption will silently halt job growth in the coming year. They also share a personal story about dealing with a squatter in Las Vegas and explain why a softening market is actually the perfect time for savvy investors to buy.
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If you're an accredited investor and are interested in learning about opportunities to invest with Ken follow this link: https://mccompaniesinvest.com/knowmore
ABOUT KEN: Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, and The ABC’s of Property Management. With over two decades of experience in real estate investing, Ken McElroy is passionate about sharing the good life by helping real estate investors grow and prosper. This podcast is a place for Ken to discuss numerous topics connected to real estate investing, including finance, budgeting, the entrepreneur mindset, and creating passive income. Ken offers a wealth of personal experiences, practical advice, success stories, and even some informative setbacks, all presented here to educate and inspire. Whether you’re a new or seasoned investor, the information and resources on this channel will set you on a path where you and your investments can thrive.
Ken's company: https://mccompanies.com
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