Inside the Economy: The Consumer & U.S. Economy

SHJ Wealth Advisors

This week on “Inside the Economy”, we discuss the consumer & the U.S. economy. With inventory levels on the rise, the Federal Reserve continuing to raise interest rates, and gas prices moving back down, the U.S. consumer is hoping for inflation to cool as we move into the end of the year. With many saying that the U.S. Economy is heading for a recession, what does that actually mean for the stock market and what can we learn from the past? Tune in to learn about this and more! Key Takeaways: • Oil drops below $90 • 30-year mortgage rates above 6% • Natural gas prices continue to rise • Mortgage delinquencies & foreclosures at all-time lows