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#544: Two Cents 8/3 - Uneven Financial Sectors; Presidential Economic Power; Third Generation Financial Curse

#544: Two Cents 8/3 - Uneven Financial Sectors; Presidential Economic Power; Third Generation Financial Curse

The Dentist Money Show | Financial Planning & Wealth Management · Dentist Advisors

August 3, 202443m 45s

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Show Notes

Welcome to Dentist Money Two Cents, a look at the latest financial and economic news from the past week.

On this episode, Matt, Victoria, and Rabih review the latest changes from the Federal Reserve and the different indicators of a potential recession. They explain how the Federal Reserve operates as an independent entity and if the President has the power to change interest rates. Finally, they discuss generational wealth and the concept of the "third generational curse", which suggests that most families lose their wealth by the third generation.

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