What the Fed Does to Your Money

On this weeks episode Carissa, Jacob and Noah talk about what the Fed did at the February meeting, the rollover of the nice to have parts of our economy, where Jim Cramer stands on Meta, US debt, and JP Morgan's big bet on timberland.

Email us at laminatemoneypodcast@fjellcapital.com for questions or suggestions for future topics.

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‍Show Notes

• The Good: Jerome Powell seems to be getting dovish
• The Bad: People have given up on the nice to have economy
• The Comical: Meta Platforms is 100% higher than it was when Jim Cramer cried on live TV
• Head Scratcher of the week: US debt and the debt ceiling
• What is going on?

1. Big tech earnings (Apple, Amazon, Google)
2. Mortgage rates fell below 6%
3. Annuity sales hit a record in 2022
4. JP Morgan adds $500 million to their timberland position

• Biggest Win: ChatGPT grew faster than anyother prior platform
• Time Machine: Globally exposed companies are underperforming
• Quote of the week: "If money doesn't buy happiness, you're spending it wrong."
• Book a call with an advisor.
• Follow along on Linkedin.

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