How Does a Weakening Consumer Affect Your Investments? Jarvis Update August 16, 2024

0:00 Intro
0:53 Market Recap
3:44 Topic 1: Earnings Review; Consumer Weakening
7:36 Topic 2: Who Benefits from Lower Interest Rates?

Markets experienced a quick and sharp correction in early August. This was driven at least, in part, by a weakening consumer and a perception that the Federal Reserve has been too slow to cut interest rates.

In this week's Jarvis® Update, CEO Noland Langford and Director of Research, Brian Dress, discuss the two topics mentioned above. We give our thoughts on how a weakening consumer can impact your investments, along with some of the best areas of the market to take advantage of current trends.

We also take a quick look at the earnings season, which is coming to a close. We saw a mixed bag of earnings in the technology sector, along with an area that appears to be in slowdown mode -- travel.

Finally, with interest rates likely to fall in the coming months, Noland gives his thoughts to investors who have been parking funds in cash like vehicles like CDs and money markets, where rates of return could fall precipitously in the coming months.

Topic 1: Earnings Review; Consumer Weakening
Topic 2: Who Benefits from Lower Interest Rates?

If you have cash building up in checking, savings, CDs, or elsewhere, let us know. We have been working on a new strategy to generate return on cash you have on the sidelines. Don't hesitate to reach out using the contact info below!

Get on Brian's calendar directly to discuss a plan for Build, Grow, and Preserve Your Wealth and to find longer-term rates of return on your cash at https://m.levitate.ai/67de35-5y0b8m?landing=true

To check out our website, head over to https://leftbrainwm.com/

If you would like more information about our model portfolios head to https://leftbrainwm.com/report. Email Brian at [email protected] for details.

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