The stock market was up 8% in November. Some economists say it’s based on hope that interest rates will finally come down next year, but others argue that the market can keep going even with higher interest rates.
On this episode, we hear from economist Ken Polcari who challenges the need for rate cuts, saying a 5% rate is sustainable. Drawing on personal experiences and historical mortgage rates, Jon paints a vivid picture of the market's resilience and the potential impact of fluctuating interest rates on investments.
He continues by highlighting current alternatives thanks to higher interest rates. Options like insured indexing and principal protected notes are providing investors more options for diversification.
Connect with Jon and his team at J Hagan Capital to learn ideas on combining historical wisdom with modern financial opportunities in your own plan.
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