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Strategic Wealth Partners
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Shutdowns, Inflation, And Strike ... Oh My!!!, Ep. #196
The team discusses various topics in this episode of The Capitalist Investor. They cover the looming government shutdown and its implications, the autoworkers strike, Joe Biden's visit to the picket line, and the closure of Target stores due to theft. They also touch on the inflationary environment and the potential impact on the market. Key Takeaways: The government shutdown may not be as urgent as previous ones, but it can still have significant effects on travel and certain government services.The autoworkers' strike is primarily about higher pay, but the transition to electric vehicles could lead to job losses in the industry.The closure of Target stores in Chicago, Seattle, and San Francisco is due to theft, which could lead to higher prices for consumers.The market has been reacting negatively due to concerns about inflation and the potential for higher interest rates.
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