This week on the show we field a listener question about whether their concern about government spending should be reflected in their investment portfolio. We also review an article about market efficiency / inefficiency, and provide an update on mortgage and long term bond rates.

 

Show Notes

[01:27] Market Update – Market briefing on the last month.

[04:17] Article of the Week – HumbleDollar’s article on “Mob Rule.”

[10:00] The Argument – The disparity between the valuations of highly valued companies and lower valued companies.

[14:00] Federal Spending – Grant explains how federal spending works.

[27:00] Resilient Economy – The benefit of having the world’s reserved currency.

[30:24] Growing Debt – Grant explains if it is a good idea to change your investment portfolio based on federal spending.

 

 

Resources

Mob Rule

humbledollar.com/2024/10/mob-rule/

 

Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail Hardcover

by Ray Dalio

amazon.com/Changing-World-Order-Nations-Succeed/dp/1982160276