Looking around the globe at the foreign exchanges I stumbled on recession warnings in Europe. The euro markets are declining fast and the central banks are lowering rates at alarming rates. Rates only go down when a country’s economy is under pressure to collapse. Every time you see rates lowering it’s a sign that the economist (central bank that can print money) lower rates as an economy boosting tool. It’s always a delayed reaction to low/no growth to a country’s GDP. As you will notice the previous post made in this group referencing the US rates starting to come down in September 2024. The US FED( USA central bank) has on their website that it is more likely than not we see a recession in 2025. Don’t be caught off guard, there are plenty of ways to be prepared for upcoming changes in the US. This is truly the reason this group exist 😎 Scroll thru our classes and DM me if you need assistance. We will have pop up zooms next month on these topics.

At the beginning of the year we started a paper trading account for stocks. All the stock we post here are also being purchased in the paper trading account. We started the account with $100k balance and we are now at $150k!!!

I hope you took advantage of the market predictions we posted https://www.skool.com/financially-free-forever-6110/do-you-own-crypto?p=33f7481f

Federal funds rate just cut by 25 pts or .25% down from earlier this years high was 5 - 5.50% now with this cut 4.5 - 4.75% If you were planing to buy a house or get any large loans the interest rate will be lower. There may even be one more cut early next year if the inflation isn’t balanced. See the previous rate cut here https://www.skool.com/financially-free-forever-6110/new-interest-rates?p=e310abaa

after the recent fed meeting, we got a .50% rate cut. The federal funds rate is the base rate for all interest rates you use every day. Rates such as mortgages, personal loans, car loans, credit cards and more. The base rate coming down means the rate you pay for a mortgage loan comes down as well. We are expecting rates to lower again by January as an on going economy management tool. Fun fact- Rates are managed by economist that work for the “federal reserve” the Centralized private bank that loans and prints money for the US DOLLAR. No president has any control over interest rates or how much money is printed. See our class on #Inflation for more details.