This week, we’re focusing on the impact of Moody's downgrade of the US credit rating. How did the market react? Does it raise real concerns? Does it have real long-term effects? We’ll also delve into the implications of the new tax bill and its potential ramifications on the economy. We wrap with a look at hurricane season and the gripping story of New Orleans’ jail escapees.

Key Takeaways

• [0:19] - Greg sums up an entire week of news in 3 minutes

• [03:03] - Unpacking the Moody's downgrade

• [08:02] - Narratives, treasuries, and the deficit

• [12:11] - The new tax bill could stimulate economic growth

• [18:30] - Hurricane forecasts = market prognostications?

• [21:21] - Shawshank, Nola version

View Transcript

Links

• What Moody’s downgrade of U.S. credit rating means for your money

• NOAA’s 2025 hurricane forecast warns of a busy season

• You can bet on when New Orleans jail escapees will be captured

Connect with our hosts

• Doug Stokes

• Greg Stokes

• Stokes Family Office

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Disclosure

The information in this podcast is educational and general in nature and does not take into consideration the listener's personal circumstances. Therefore, it is not intended to be a substitute for specific, individualized financial, legal, or tax advice. To determine which strategies or investments may be suitable for you, consult the appropriate, qualified professional prior to making a final decision.

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