Description

This week, Matt, John, and Isaac discuss the recent GDP Q2 data, debating whether or not the United States has officially entered a recession. They also discuss whether rates should be cut and John predicts a rate cut may happen in June. 

A few of the highlights include:

• The United States GDP is negative from the first quarter, which is the first time since 2022. If this trend continues another quarter, it is classified as a recession.
• A lot of commercial real estate loans operate on 5-7 year terms (instead of a typical mortgage of 15 or 30 years) which means a lot of those terms could be renewing soon under these new rates (no longer the very low 2020 ones) which could have a big impact. In general, rates are high and impacting businesses and individuals.
• Rates may be high but they also feel high because of the lengthy period of time when they were extremely low.
• Warren Buffet is retiring and Berkshire Hathaway unlike any other stock

😎Join the growing Market Moment community by clicking that subscribe button! 

We're on Facebook! 
https://www.facebook.com/profile.php?id=61557724292379&mibextid=ZbWKwL 

Give us a follow on Instagram! 
https://www.instagram.com/themarketmoment/ 

Mach-1 Financial Group, LLC ("Mach-1") is a registered investment adviser located in Rogers, AR. Mach-1 may only transact business in those states in which the firm maintains a notice filing or has qualified for an exemption or exclusion from registration. A copy of Mach-1’s current written disclosure brochure, which discusses among other things, Mach-1’s business practices, services and fees, is available through the SEC website at www.adviserinfo.sec.gov and is also available at www.mach-1financial.com/disclosures