Derick Walters, CFP, CRPC, Financial Advisor

Seems accurate!

After shaking the magic 8 ball, flipping a few tarot cards and calling Miss Cleo the physic, here is the current trend / forecast and it's not pretty!

-Leading economic indicators are headed the wrong direction

-ten minus twos are negative (yield curve inversion)

-truck shipments via fed ex earnings warning was ugly, FedEx stock was down over 20% in one day

-mortgage rates hit 6.29% housing is beginning to roll over

- inflation remains hot, which means continued rate hikes from the Federal Reserve

- credit spreads remain elevated, showing some credit stress

- Good news Kansas City Chiefs are 2-0

This is a major pain point, inflation caused by increasing money supply by 40% in the last two years and endless government spending causing most of the inflation! Then the US treasury not doing their job funding ibonds! Incompetence at so many levels! Don't get me started on why employees are not available at social security offices!

If Inflation Hasn’t Made You Crazy, Try Buying an I Bond Investors give up vacation and drive hours to navigate bureaucracy; ‘cruel and unusual punishment’

The market is leading the horse to the trough. The horse (policy makers) "can take a drink and voluntarily" (change policy direction) or the market is going to shove the horse's head underwater. Either way your going to take that drink!

30 year mortgage just hit 6.5%!

media1.tenor.co

I bonds are now paying 9.62%. Wow!

Individual - Series I Savings Bonds We're pleased to hear from our customers regarding their satisfaction with our website. Although your browser settings don't allow you to view the website survey we're conducting, please e-mail your comments.

With inflation hitting 40 year highs, I bonds may yeild 10% in the near future. The best part is anyone can buy these directly from the U.S treasury!

www.wsj.com

The Safe Investment That Will Soon Yield Almost 10%

www.wsj.com

It's a new year and everyone makes resolutions. I think Joe speaks to of most of us through, "shoulda, woulda, coulda,"! Stop guessing and actually take action! Thats the the message! I write a ton of financial plans every year and if clients take zero action to obtain goals, it gets put in the regret file! Those that take action obtain goals!

Joe Rogan's Ultimate Advice Will Leave You Speechless — Best Life Advice Joe Rogan is an American stand-up comedian, martial arts commentator (UFC) and podcast host. This is the MOST legendary Joe Rogan's motivational speeches of...

https://www.wsj.com/articles/how-your-student-debt-keeps-growingeven-when-you-keep-paying-11640994313?st=yxh7cwf7nq0fpdr&reflink=share_mobilewebshare

Why Student Debt Keeps Growing—Even When Borrowers Keep Paying Some loan payment plans aren’t enough to cover interest, and a punishing tax bill can await years down the line.