Job market, housing market, travel scams & more: Wealth!

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Brad Smith News

Family Office Investor Rashaun Williams,Doug Duncan,Housing Market

In this episode of Wealth!, Yahoo Finance's Brad Smith talks to experts about travel scams, the housing market, the job market, small businesses and more...

talks to experts about travel scams, the housing market, the job market, small businesses and more, with guests including McAfee Head of Threat ResearchThe 11 a.m. Eastern Time Hour gives you the best resources for building your financial footprint from our hand picked community of experts.

There's a lot of impersonation, impersonated websites, uh booking dot coms, you know, which are faked out photographs that might be incorrect or uh E I generated, for example. You know, try to see if you can uh use credit cards to make payments if you see things, people asking you for gift cards or asking you for Cryptocurrency payments.Uh so having that heightened level of skepticism, uh not believing uh you know, who's interacting with, you don't take their word for.

So you have to ask the question, if the market is supply constrained, then why is the completed new homes number as high as it is?The first time buyer buys an existing home, they fix it up, build a little sweat equity. So that's, that's the most important clause because any lender you talk to is gonna ask you things that will come out of that budget.

So you wanna take a well educated financial management approach to, to that decision because you would like to be able to sustain it. So, one of the huge things that we're tracking here is of course some of the moderation in the labor market and there's naturally the thought of what this means for the fed, how they might evaluate this.So this is a labor market that is actually consistent with non inflationary growth.

So that means you, you know, you don't, don't just get discouraged if you get rejected a couple of times, stay with it. They should be looking at job postings often they should figure out which skills and credentials employers want and then they should tailor their studies so that they get the skills that they need and they graduate ready for the job market.

We're getting a fresh read on the cautious consumer discount retailer dollar tree disclosed it's exploring a potential sale or spin off of family dollar as the company struggles to counter weaker demand amid inflation. So we're seeing that the consumer is finally probably at their saturation point with respect to spending on some of these discretionary goods in particular.

 

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