Be Well: How Federal Spending Could Lead to Another Interest Rate Hike
Marty Cantor, CPA and economic development consultant, returned to Cheddar News to talk about the state of the economy with respect to the jobs market as the number of openings fluctuates month over month. He attributed the U.S. struggle with inflation to the government overspending to create jobs, which he also noted will likely lead to another interest rate hike.
We may not be headed for a 2008-esque disaster, but increased geopolitical tension paired with the end of the tech boom means volatility could stick around.
The dreaded Netflix crackdown on profile sharing translated into a major boost in subscribers while the promised rate cuts seem to be a far off fantasy.
After the 2021 boom, IPO activity slowed down significantly, in part due to monetary policy – but things are getting moving again with tech-friendly companies like Iboutta and Rubrik making a public debut.