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Episode 79: Today the market plunged after the Federal Reserve maintained their intent to raise interest rates sometime later this year. The market seems to sense that once the euphoria of low fuel prices wears off there will be nothing to sustain the rally.
A declining stock market during earnings season is never a good sign and is a worse omen at the beginning of the year. The panic is evident with the yield on 10 year Treasures back to historic lows of 1.7%.
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Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.
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Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.