Fed Cut; Market Dip, Amazon and Starbucks Strikes

Catch Lawrence Sprung sharing must-hear insights with Krysia Lenzo and John Burnett on Wake Up America Weekend
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📉The market dip
▪️ market corrections are a natural part of economic cycles and can present opportunities for long-term investors
▪️ it’s a good time to reassess your portfolio and ensure it aligns with your long-term goals
🚫 avoid emotional decision-making during volatility
🏦 Fed strategy moving forward
▪️ The Federal Reserve has been navigating a delicate balance -fighting inflation while avoiding pushing the economy into a recession
▪️ higher rates are here to stay in the near term, so focus on paying down high-interest debt and taking advantage of higher savings yields
🪧Amazon and Starbucks strikes
▪️ thousands of Starbucks baristas and Amazon employees
▪️ for investors, labor disputes can impact short-term earnings for companies like Amazon and Starbucks, but the overall economic impact is limited.