Wealthion - Be Financially Resilient

War & Tariffs Knock At Market’s Door | Rise UP!

5 snips
Jun 20, 2025
Ben Wallace, a CFA and Research Director at Grimes, and Emily Wood, a CFP and Principal at Grimes, dive into the latest economic turmoil. They discuss how geopolitical tensions, particularly the Israel-Iran conflict, could impact markets. The duo addresses the Federal Reserve's recent decisions, concerns about stagflation, and the implications of the Genius Act on stablecoins. They also share crucial insights on managing retirement amidst potential risks to Social Security, advocating for strategic financial planning to weather market volatility.
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INSIGHT

Fed Highlights Economic Uncertainty

  • The Fed's 'dot plot' reveals wide economic uncertainty driving cautious interest rate forecasts.
  • Chairman Powell emphasized uncertainty 19 times, highlighting unpredictable trade and tariff impacts.
ADVICE

Advice on Big Purchases Amid Low Rates

  • If planning a big purchase during low rates, align spending with your financial resources and avoid impulse buys.
  • Consult a fiduciary to ensure your decisions fit your long-term financial goals.
INSIGHT

Geopolitical Risks Affect Markets Short-Term

  • Geopolitical tensions and trade deadlines create short-term market volatility risks.
  • Historical crises show markets typically recover within months after shocks, advising caution in reactions.
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