Political Theatre, Interest Rate Head-Fakes & Retiree Spending Rules

Jeff, Joe, and Kyle start the show with a rundown of last week’s numbers from Wall Street. The Dow was up, the S&P 500 was up, and the NASDAQ was up. All three indexes remain up year-to-date. This week did see the NASDAQ suddenly in last place, likely due to the changing interest rate environment and hand-wringing about the political theatre unfolding in Washington around the debt ceiling. The guys also discuss the disappointing September jobs numbers and the reasons for changes in the unemployment rate. They also share their take on the data points investors should be watching that actually influence the market, and what to think about so many recent interest rate head-fakes.

In the second hour of the show, the Money Wise guys share their advice on Retiree Spending Rules. Don’t miss the details! You can tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.