Mr. Money Talks: Navigating Money Matters with Your Partner (8/3/2024)

Live Broadcast 8/3/2024

 

Mark Rothstein, also known as Mr. Money, discussed the potential recession, noting that while unemployment remains low, job vacancies have returned to pre-pandemic levels, which could indicate a recession. He highlighted the impact of inflation, interest rates, and labor market imbalances. Rothstein also addressed the importance of regular money dates for couples to discuss finances, including setting boundaries, creating budgets, and considering long-term financial goals. He shared a case study about a client deciding whether to sell or rent a $2 million home, considering tax implications and future financial needs.

Sources:

• Four Money Questions to Ask on the First Date (msn.com)
• How To Navigate The Topic Of Money With Your Partner (forbes.com)
• S&P 500 Slips After Surprisingly Strong Jobs Data - WSJ
• Stock Market News, June 5, 2024: Nasdaq Hits Another Record; Nvidia Joins the $3 Trillion Club (wsj.com)
• Why the Recession Still Isn’t Here - WSJ
• Hiring and Wages are Up, Reinforcing the Economy’s Resilience - WSJ
• European Central Bank Cuts Interest Rates for First Time Since 2019 - WSJ