Planned Solutions

In this episode of the Planned Solutions Incorporated Podcast, The estimates of global economic growth have been revised several times in 2022 as the probability of a recession in the US within the next twelve months has increased to nearly 25%. It seems the best scenario is a period of very low economic growth, with the worst case is a period of economic contraction. However, this outlook for economic growth may already be reflected in market prices as investors may have incorporated these expectations into their estimates of future prices. Also, Cryptocurrencies were touted as an unregulated way for investors to hold and transfer funds in stark opposition to the highly regulated banking industry, which makes up the foundation of the international financial system. However, recent failures show that the lack of regulation has allowed cryptocurrency companies to repeat the same mistakes that led to the bank regulations they sought to avoid. And,The six-month rate of interest paid on Series I Bonds declined