The Recent Downgrade of the US Government's Credit Rating by Fitch

New Focus on Wealth with Chad Burton

In this episode, Chad Burton discusses the recent downgrade of the US government's credit rating by Fitch. He highlights the fiscal and political instability as the reasons for the downgrade. Despite the government's ability to borrow, the interest rates are increasing. Chad emphasizes the need for new leaders and term limits to address the country's growing debt, which currently stands at around 120 percent of GDP.

Timestamps:

[00:01:40] We need new leaders.

[00:04:05] Strongest recovery of any.

[00:08:30] Lower income and unfair treatment.

[00:12:43] Inverted yield curve.

[00:14:38] Rebalancing and bond strategies.

[00:18:57] Large cap tech valuations.

[00:24:11] Retirement portfolio allocation

[00:28:30] Knowing your discretionary expenses.

[00:29:21] Retirement and fulfillment.

[00:35:09] Medicare part B premiums.

[00:36:10] Linear cash flow model.

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Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.ChadBurton.com