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Jeb Smith on The Biggest Mistakes Investors are Making Right Now

Money School Podcast

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The Fed's Lagging Data and Lagging Indicators

The only thing in the three-legged stool that keeps this thing moving is employment numbers. And when people obviously lose jobs or get laid off or go on unemployment, they don't have the disposable income right now. There's never really a bad time to buy your home and to bed down and get it. Interest rates are high right now, but you could always refinance when we go back down. The price is just being sideways for a while. Some would say that's stagflation. And we are staring down the barrel of stag inflation. We're going to stay at these heightened levels for a little while. If some changes don't happen, we're going to.

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