1
00:00:00,080 --> 00:00:03,399
You know, as crazy as it
sounds, the Fed's actually they're not killing

2
00:00:03,439 --> 00:00:06,879
the patient right now. Right Historically, the FED constantly, you know,

3
00:00:07,040 --> 00:00:10,880
over medicates the patient and then then
the economy dies, and you know,

4
00:00:11,039 --> 00:00:16,519
the FED causes more recessions than they
save. You know, we seem to

5
00:00:16,640 --> 00:00:22,839
have been slowing down, right,
So let's hope that that continues. I

6
00:00:22,879 --> 00:00:28,640
mean, if we could turn the
you curve around without a major vers even

7
00:00:28,679 --> 00:00:31,160
if you know it was a small
recession or something like that, like that

8
00:00:31,199 --> 00:00:35,079
would be a huge win right right
now? Is that gonna happen? You

9
00:00:35,079 --> 00:00:40,320
were listening to Carrie Let's's Financial Survival
Network, where you get valuable information you

10
00:00:40,560 --> 00:00:45,759
just can't find anywhere else to thrive
in today's trying times. You need the

11
00:00:45,799 --> 00:00:52,359
Financial Survival Network now more than ever. Go to Financial Survivalnetwork dot com and

12
00:00:52,399 --> 00:00:58,920
get your free newsletter and gift.
Financial Survival Network now more than ever.

13
00:01:02,399 --> 00:01:06,680
And welcome. You are listening to
and watching the Financial Survival Network. I'm

14
00:01:06,719 --> 00:01:08,920
your host, Kerry Lutz. Ay, we got some big numbers out pm

15
00:01:08,959 --> 00:01:14,439
I numbers. Where's the economy heading
and what should you do about it?

16
00:01:14,560 --> 00:01:19,439
That's really the question. James Locke
is with US now from Pool Locke.

17
00:01:19,480 --> 00:01:22,840
It's great to have you back,
James, so hey first, got a

18
00:01:22,959 --> 00:01:27,840
question or comment for James myself?
Shoot us an email KL at Carrie Lutz

19
00:01:27,879 --> 00:01:34,239
dot com. So, James,
pm I number comes out weaker, well,

20
00:01:34,280 --> 00:01:40,079
weaker than expected in quotes, No
surprises here. Are we in a

21
00:01:40,120 --> 00:01:45,359
recession yet or not? I guess
officially not right? We need we need

22
00:01:45,400 --> 00:01:49,400
two quarters of negative GDP, which, of course, the last time that

23
00:01:49,519 --> 00:01:53,519
happened, the government lied to us
and said we aren't in a recession.

24
00:01:53,599 --> 00:01:59,599
It's going to be harder to dance
around it this year. But you know

25
00:01:59,599 --> 00:02:05,000
that I that's that's a good indication
because that's you know, all the producers

26
00:02:05,000 --> 00:02:07,920
and what they're what they're doing,
so you know they're gonna be a leading

27
00:02:07,959 --> 00:02:10,879
indicator of what's going to be on
the shelves and out there and available and

28
00:02:10,960 --> 00:02:15,120
what what people are buying right right, And if they're scaling back, it's

29
00:02:15,159 --> 00:02:20,039
because they know consumers aren't going to
be purchasing now. You know, the

30
00:02:20,159 --> 00:02:25,000
US consumer so far has been unstoppable
pretty much, and you know, I

31
00:02:25,080 --> 00:02:30,199
wonder when that's going to come to
a to a head, and it will

32
00:02:30,280 --> 00:02:36,439
right right, because you know,
despite the American belief that we can spend

33
00:02:36,479 --> 00:02:39,280
our way out of things, and
sometimes it works, it does, and

34
00:02:39,319 --> 00:02:44,840
it's not necessarily a bad thing.
But if we're not manufacturing and producing,

35
00:02:44,879 --> 00:02:49,520
that's that's you know, that's going
to ultimately lead to going into recession.

36
00:02:49,639 --> 00:02:53,719
So when you know, I've been
telling and talking with my clients about mid

37
00:02:53,879 --> 00:03:01,240
twenty twenty four, if the FED
raises rates again, I think that might

38
00:03:01,280 --> 00:03:07,960
accelerate that. I really hoped the
FED doesn't, but I do think,

39
00:03:07,080 --> 00:03:12,319
you know, with this economy slow
down, we have less optimism, uh

40
00:03:12,479 --> 00:03:15,319
for for next year. I think
they're predicting GDP to be around one percent,

41
00:03:15,680 --> 00:03:20,960
yeah in twenty twenty four, which
you know one percent can turn into

42
00:03:21,000 --> 00:03:24,479
negative real quick. Oh yeah,
yeah, I mean that's a rounding error,

43
00:03:24,520 --> 00:03:28,599
right, that's exactly right. Yeah, you know, you know they

44
00:03:29,000 --> 00:03:32,400
it's funny you say that because they
all the time revise numbers down, you

45
00:03:32,439 --> 00:03:36,240
know, the next month and then
you know previous months, and and that

46
00:03:36,319 --> 00:03:39,080
just kind of gets swept under the
rug a lot of times. And you

47
00:03:39,080 --> 00:03:44,639
know sometimes that the devil's in the
details, right when they start revising numbers

48
00:03:44,680 --> 00:03:49,319
down, you know that it's that
it's indicating hey there's there's problems. Yeah,

49
00:03:49,360 --> 00:03:53,840
And I always see these revisions two
months later and boom, you know,

50
00:03:54,599 --> 00:03:59,240
right, it's it's like, oh, well they bought a headline,

51
00:03:59,280 --> 00:04:01,759
is what it comes to, right, Yeah, that's exactly right. So

52
00:04:01,960 --> 00:04:08,680
and so I do think recession is
happening, and we're going to see more

53
00:04:08,960 --> 00:04:14,599
of these or the best way I
describe it as you know, lower highs

54
00:04:14,639 --> 00:04:16,279
and lower lows as we move forward. Right, So where the S and

55
00:04:16,319 --> 00:04:20,519
P got down to close to forty
one hundred and then you know, and

56
00:04:20,560 --> 00:04:25,199
it's going to raise rates, Okay, great, and we rally we rallied

57
00:04:25,279 --> 00:04:28,639
back a little. And you know, the question is is that going to

58
00:04:28,680 --> 00:04:31,160
be enough to push us all the
way back to forty eight hundred and five

59
00:04:31,199 --> 00:04:35,439
thousand? In no way? Right, Yeah, I still think we're going

60
00:04:35,519 --> 00:04:39,439
to end the year somewhere around forty
one hundred on the S and P.

61
00:04:40,519 --> 00:04:43,199
Yeah, and so that's a little
lower than here, you know, in

62
00:04:43,240 --> 00:04:46,800
that same breath, I don't have
any reason to see I mean, economy

63
00:04:46,879 --> 00:04:49,000
isn't terrible, right, that's the
other thing. So I have no reason

64
00:04:49,000 --> 00:04:57,639
to say we're going to uh slide
away into you know serious, you know,

65
00:04:57,759 --> 00:05:01,120
loss of value in the market.
Now, an election year coming up,

66
00:05:01,360 --> 00:05:05,519
you know, politics aside. Biden
is not doing anything to help this

67
00:05:05,639 --> 00:05:11,560
economy, you know now, isn't
that his job or actually the job the

68
00:05:11,560 --> 00:05:15,600
politicians is not to do anything to
hurt it? What kind of really do

69
00:05:15,680 --> 00:05:19,600
to help it other than dumping money
into you know, helicopter money here right

70
00:05:20,199 --> 00:05:27,959
these? Yes, And you know, I just think that leadership, you

71
00:05:27,959 --> 00:05:30,319
know, as crazy as it sounds, the Fed's actually they're not killing the

72
00:05:30,399 --> 00:05:34,079
patient right now. Right Historically,
the FED constantly, you know, over

73
00:05:34,160 --> 00:05:38,959
medicates the patient and then then the
economy dies. And you know, the

74
00:05:38,959 --> 00:05:44,639
FED causes more recessions than they save. You know, we seem to have

75
00:05:44,680 --> 00:05:49,639
been slowing down, right, So
let's let's hope that that continues. I

76
00:05:49,680 --> 00:05:56,600
mean, if we could turn the
yield curve around without a major even if

77
00:05:56,800 --> 00:05:59,279
you know it's a small recession or
something like that, like that would be

78
00:05:59,319 --> 00:06:02,319
a huge win right right now?
Is that going to happen? Well,

79
00:06:02,360 --> 00:06:06,600
we'll see. Now they're starting to
chatter again about the FED raising rates another

80
00:06:06,680 --> 00:06:11,160
quarter point in December. I think
that's a bad idea. Yeah, well,

81
00:06:11,399 --> 00:06:15,279
so you think they're going to raise
him Well, it's the chatter has

82
00:06:15,319 --> 00:06:19,240
started again. But still if you
watch that like fed Rey and the predictions,

83
00:06:19,439 --> 00:06:23,920
they're still saying no. So I
think the FED is going to be

84
00:06:23,959 --> 00:06:27,519
smart about it. They're probably going
to continue to talk tough, but I

85
00:06:27,519 --> 00:06:32,480
think we're going to see that they're
going to leave rates alone and you know,

86
00:06:32,639 --> 00:06:35,600
continue to be and I think they
are data dependent. They're going to

87
00:06:35,639 --> 00:06:40,480
wait and see and you know,
if we do start having negative GDP quarters,

88
00:06:40,519 --> 00:06:44,439
then they'll probably still leave it alone. I think I don't think we're

89
00:06:44,439 --> 00:06:46,399
going to get any rate cuts in
June of twenty twenty four. I think

90
00:06:46,399 --> 00:06:50,800
that's optimistic. We may go through
the whole year without it, but towards

91
00:06:50,800 --> 00:06:55,199
the end of the year may start
being a reality. Okay, all right,

92
00:06:55,279 --> 00:06:57,800
I'll buy it. I'll buy it. So what else do you think

93
00:06:57,879 --> 00:07:01,199
is in store here? You know, at some point they're going to have

94
00:07:01,240 --> 00:07:06,160
to cut rates when things start really
falling apart. What about the banks?

95
00:07:06,439 --> 00:07:11,920
What's your take on what's going on
with the banks? Yeah, so with

96
00:07:12,040 --> 00:07:15,279
the slowdown of the interest rates,
that's easing pressure on the banks, and

97
00:07:15,759 --> 00:07:20,879
I think they're finally starting to,
you know, at least get their footing

98
00:07:20,959 --> 00:07:24,839
underneath them. They're certainly not out
of the woods. I mean, the

99
00:07:25,120 --> 00:07:31,199
amount of debt banks are carrying and
the pressure of you know, interest rates

100
00:07:31,240 --> 00:07:35,879
being up this high so quickly,
you know, means that there's still risk

101
00:07:35,920 --> 00:07:41,360
out there, right right, there's
still risk out there. So I'm not

102
00:07:42,519 --> 00:07:46,000
you know, some of the bigger
banks don't really you know, they can,

103
00:07:46,079 --> 00:07:48,839
they can weather the storm a little
bit easier, But these regional ones,

104
00:07:49,120 --> 00:07:53,600
I don't. I don't like it
all. We definitely stay out of

105
00:07:53,639 --> 00:07:57,759
them from an investment point of view, you know, we I don't.

106
00:07:57,879 --> 00:08:01,879
I don't want to. You know, that could pop up at any time,

107
00:08:01,120 --> 00:08:07,279
you know, if there's some sort
of only is you know, warrent

108
00:08:07,319 --> 00:08:11,480
is real to get out of control
in some way and then we start having

109
00:08:11,519 --> 00:08:16,279
economic repercussions from it, and that
puts pressure on the banking system. So

110
00:08:16,360 --> 00:08:22,279
there's all kinds of you know,
holes that can pop up in our in

111
00:08:22,319 --> 00:08:28,680
our boat, and we already have
a weak banking system. So I don't

112
00:08:28,720 --> 00:08:31,720
do you know, I don't,
I don't right now, I'm not.

113
00:08:33,679 --> 00:08:37,120
I don't want to go and say
I'm anti bank stocks and things like that,

114
00:08:37,159 --> 00:08:39,879
but we're not. We're not adding
to any positions or doing anything with

115
00:08:39,960 --> 00:08:43,840
regional banks, some of the larger
ones. We you know, we'll we'll

116
00:08:43,879 --> 00:08:46,679
hold some positions, all right.
So oil one hundred dollars a barrel,

117
00:08:46,759 --> 00:08:52,159
oiil? It guarantees a recession,
doesn't it? Yes, it does.

118
00:08:54,000 --> 00:08:58,919
I think there's too much chaos in
the Middle East. I'd be surprised if

119
00:08:58,919 --> 00:09:03,919
oil doesn't hit on a barrel you
know where it's a little bit of a

120
00:09:03,919 --> 00:09:09,519
crystal ball kind of look and feel. But you know, I don't think

121
00:09:09,559 --> 00:09:16,000
it's too risky a speculation at this
point right now, and I'm with you.

122
00:09:16,080 --> 00:09:18,240
I mean, it could hit one
hundred of barrel and then this is

123
00:09:18,240 --> 00:09:22,440
all these fine lines when it gets
up there. What kind of recession are

124
00:09:22,440 --> 00:09:26,159
we talking about? What kind of
chaos is going on in the Middle East?

125
00:09:26,639 --> 00:09:31,320
You know, our oil producers cutting
off their nose despite their face a

126
00:09:31,360 --> 00:09:37,000
little you know, money lust for
oil only goes so far. Are we

127
00:09:37,120 --> 00:09:43,799
doing things internally in the US to
you know, produce our own energy?

128
00:09:43,960 --> 00:09:50,519
And this goes back to you know, government policy and Biden is not the

129
00:09:50,559 --> 00:09:54,120
best. Actually, there was a
great article in Zero Hedge. I don't

130
00:09:54,120 --> 00:09:58,639
remember where the article came from,
but that US oil production is hitting peak

131
00:09:58,759 --> 00:10:05,000
level thirteen million barrels a day,
because try as the ADMIN might to destroy

132
00:10:05,120 --> 00:10:11,480
the oil industry, the demand is
there. The technology keeps advancing. I

133
00:10:11,519 --> 00:10:18,799
was just in an oil field out
in Canada, right out in Saskatchewan,

134
00:10:20,480 --> 00:10:28,320
and it's heavy, heavy oil,
and they taken the fields that were depleted

135
00:10:28,399 --> 00:10:35,639
by vertical wells because vertical wells are
not good for heavy oil. And they're

136
00:10:35,720 --> 00:10:39,879
drilling new wells there all over the
place. They've drilled five of them.

137
00:10:41,240 --> 00:10:43,679
I mean, this company, if
they if it's one hundred dollars barrel oil,

138
00:10:45,039 --> 00:10:46,960
they're going to cash in. They're
just going to be renting money.

139
00:10:48,159 --> 00:10:52,639
And their costs keep going down to
James because they've taken this depleted field with

140
00:10:52,720 --> 00:10:58,919
a lot of capital investment there and
they've done the three D size seismograph seismolot

141
00:11:00,279 --> 00:11:05,919
on it and you know, like
small company, but it's a microcap could

142
00:11:05,919 --> 00:11:09,799
turn into a medium sized producer in
the not too distant future. I'm not

143
00:11:09,200 --> 00:11:13,720
pushing this. All I'm saying is
this is a field that was given up

144
00:11:13,720 --> 00:11:18,559
for dead, you know, went
through bankruptcies and everything else, and now

145
00:11:18,960 --> 00:11:22,879
it's an extremely profitable field. And
that's exactly what's happening in the Permian base,

146
00:11:22,960 --> 00:11:28,960
and so thirteen million barrels a day, and that's with the admin pushing

147
00:11:28,960 --> 00:11:33,519
against it. Imagine if it was
like the last administration, which was drill,

148
00:11:33,600 --> 00:11:37,679
baby drill, we'd be fifteen million
and OPEK would be a non entity.

149
00:11:37,840 --> 00:11:41,720
Right, That's see, that's the
thing is, this is why I

150
00:11:41,720 --> 00:11:46,399
don't understand why people can't see that, like making OPEC and non entity or

151
00:11:46,679 --> 00:11:50,559
not as important as it is,
is like that's the best thing we could

152
00:11:50,559 --> 00:11:54,600
do as a country. Stiff felt
like, it's not We're never going to

153
00:11:54,639 --> 00:12:00,200
be self. We use so much
oil energy, right, you know,

154
00:12:00,840 --> 00:12:05,440
it's not like we're never going to
be importing oil, but we're in boarding.

155
00:12:05,159 --> 00:12:09,320
Yeah. Yeah, Well, I
mean that's the whole world needs it

156
00:12:09,360 --> 00:12:11,639
now. And the more we can
do and the more we control that,

157
00:12:13,279 --> 00:12:15,679
the better. I mean, we're
starting to see all of these, you

158
00:12:15,720 --> 00:12:20,440
know, on a much smaller level
person to see all these kind of what

159
00:12:20,879 --> 00:12:24,360
i'll call you know, private investment
into land drilling and all this sort of

160
00:12:24,399 --> 00:12:30,480
stuff. Now, you know,
when I put my fiduciary financial advisor AD

161
00:12:30,480 --> 00:12:33,919
on, I'm never a big fan
about I liquid investments, but when they're

162
00:12:33,960 --> 00:12:37,320
talking about the natural gas and oil. You know, like you said,

163
00:12:37,360 --> 00:12:41,600
you mentioned something, you just kind
of breezed over it. But technology is

164
00:12:41,679 --> 00:12:46,159
huge, right, oh my god. Yeah, Like I watched I watched

165
00:12:46,159 --> 00:12:50,879
them, you know, the roughnecks
on the field doing their thing, and

166
00:12:50,519 --> 00:12:56,639
you know the way they monitor it. And and there's even more innovations coming

167
00:12:56,639 --> 00:13:01,639
where you can take you can treat
this heavy oil with certain chemicals and turn

168
00:13:01,679 --> 00:13:07,080
it into light sweet oil. Yeah, be huge, Yeah, I mean

169
00:13:07,320 --> 00:13:11,200
there's so much heavy oil around,
a lot of which isn't really desirable the

170
00:13:11,240 --> 00:13:16,559
scheme of it. So a one
hundred dollars barrel oil for sure, certainly

171
00:13:16,799 --> 00:13:22,720
with the hostility of our government against
oil, real possibilities. So hey,

172
00:13:22,000 --> 00:13:26,559
what about the student loan debt.
It doesn't seem to have made a big

173
00:13:26,559 --> 00:13:31,960
impact, the fact that people now
now you have to pay your student loans,

174
00:13:31,960 --> 00:13:35,200
even though you got away without paying
them for nearly three years. I

175
00:13:35,200 --> 00:13:41,159
mean, hey, talk about a
vacation here, a moratorium, right right,

176
00:13:41,879 --> 00:13:46,559
Yeah, And it's great I have
to be a debtor. It's great

177
00:13:46,600 --> 00:13:50,799
time to be a saver right as
well. Yeah, but but you're right

178
00:13:50,000 --> 00:13:54,399
there, you know, the student
loan debt that's gonna be something that's going

179
00:13:54,480 --> 00:14:00,559
to take a long time to kind
of have an effect because people start paying

180
00:14:00,600 --> 00:14:03,480
and stop spending on anything. It's
going to it's going to continue to slow

181
00:14:03,519 --> 00:14:07,360
down the economy, which is where
I was saying, Hey, we hope

182
00:14:07,399 --> 00:14:11,240
the Fed doesn't push too much because
a lot of these things take months,

183
00:14:11,399 --> 00:14:15,720
six, twelve, eighteen months to
really have an effect, you know,

184
00:14:16,080 --> 00:14:20,960
on us. And when you start
talking about you know, these these debt

185
00:14:22,000 --> 00:14:26,399
repayments being forced, and you know, it's it's a mixed bag, right,

186
00:14:26,519 --> 00:14:28,679
like, well, you took the
loan out, you know, for

187
00:14:28,720 --> 00:14:31,679
a reason, you should repay it. You know, go out and get

188
00:14:31,679 --> 00:14:35,840
a job that can allow you to
repay it. You know, that makes

189
00:14:35,879 --> 00:14:39,320
sense. But we don't want to
you know, you don't want it to

190
00:14:39,360 --> 00:14:43,679
be too much so that it's stifling. But but that's definitely going to have

191
00:14:43,720 --> 00:14:48,200
an effect. We're going to see
that, right, continue to affect the

192
00:14:48,960 --> 00:14:54,240
the thing now again, the administration
continues to fight to try to make that

193
00:14:54,279 --> 00:14:58,000
disappear, and you know that just
doesn't make any sense either to make it

194
00:14:58,159 --> 00:15:05,440
to make a disappear. We need
to make you know, education affordable for

195
00:15:05,759 --> 00:15:11,799
more people. That's the bottom line, I like, because that's how you

196
00:15:11,000 --> 00:15:16,200
make our future better, right,
is when we put educated people back into

197
00:15:16,279 --> 00:15:22,799
the workforce. Smart people, you
know, means that we can turn things

198
00:15:22,840 --> 00:15:28,519
that were previously garbage frown on the
side into usable energy. And that all

199
00:15:28,559 --> 00:15:33,279
comes from research and development and having
the right people doing things, and you

200
00:15:33,320 --> 00:15:39,600
know, we want smart workers to
be out there exactly exactly one or two

201
00:15:39,600 --> 00:15:48,960
other points. So you mentioned in
the pre notes here about pretty much homeowners

202
00:15:48,039 --> 00:15:54,639
being locked in to their mortgages.
I can relate to that. Hey,

203
00:15:54,960 --> 00:15:58,919
so what what of that? What's
what's going to take to get people out

204
00:16:00,000 --> 00:16:03,879
out of the out of your own
to downsize when it costs you more to

205
00:16:03,919 --> 00:16:08,519
downsize than it does to upsize here, right, it's not it's it's going

206
00:16:08,559 --> 00:16:11,159
to stay that way. And you
even said, you know, look,

207
00:16:11,360 --> 00:16:15,039
you even commented like you know,
you're you're not moving, and I'm not

208
00:16:15,080 --> 00:16:19,440
suggesting you're moving. But it does
more than just lock you into your home,

209
00:16:19,799 --> 00:16:25,200
which you may not be a bad
thing because you're paying this rate,

210
00:16:25,279 --> 00:16:29,799
so you're not going to sell your
home. So it shrinks the available market

211
00:16:29,960 --> 00:16:33,559
size out there. Own prices are
remaining high. So we're now we're stopping

212
00:16:33,600 --> 00:16:40,480
first time own buyers from coming in
to the market as well. And it

213
00:16:40,519 --> 00:16:45,559
also does things like if I am
so, I'm here in Wilmington, Delaware,

214
00:16:45,639 --> 00:16:49,720
right, If if there's a job
in Saint Louis, right, and

215
00:16:51,519 --> 00:16:56,440
I have to up and move and
it's going to cost me a ton to

216
00:16:56,480 --> 00:17:00,399
sell or move there, I may
not take that job. Right. So

217
00:17:00,799 --> 00:17:04,599
it's again, like as crazy as
it sounds, you know, people not

218
00:17:06,000 --> 00:17:10,680
willing to sell their homes can actually
affect the economy down the line as well.

219
00:17:11,200 --> 00:17:15,680
And you know all these things are
are interconnected, right, it's not

220
00:17:15,480 --> 00:17:19,880
it's not any one piece, right, So we need we need that,

221
00:17:21,680 --> 00:17:25,400
not that we need it, but
at some point we have to get interest

222
00:17:25,480 --> 00:17:30,079
rate down a little for mortgages to
come down a little. And you know

223
00:17:30,119 --> 00:17:33,839
what we might find is home prices
may not drop, but we might find

224
00:17:33,839 --> 00:17:41,160
home prices remaining flat for a decade. Now, all right, I can

225
00:17:41,240 --> 00:17:44,359
relate to that, all right,
Any other comments you want to make,

226
00:17:45,000 --> 00:17:48,759
James about the state of things before
we call it a call it a day.

227
00:17:48,079 --> 00:17:51,880
Yeah, Listen, the world isn't
coming to an end, right,

228
00:17:52,000 --> 00:17:56,680
but there are there are concerns out
there. There are black swan events out

229
00:17:56,680 --> 00:17:59,880
there that are possible. You always
got to, you know, keep your

230
00:18:00,240 --> 00:18:04,079
protected. We always you know,
we always stay income focused and you know,

231
00:18:04,200 --> 00:18:11,240
making sure that needs met or met
and and you know from from guaranteed

232
00:18:11,279 --> 00:18:14,920
things and things that are predictable.
There's no reason to take risk just for

233
00:18:15,039 --> 00:18:19,960
risks sake, take risk for rewards
sake. Right, just keep focused so

234
00:18:21,359 --> 00:18:22,920
we'll see what happens by the end
of the year. We like that,

235
00:18:23,160 --> 00:18:26,359
all right, James say, appreciate
you coming on. Got a question for

236
00:18:26,799 --> 00:18:30,759
me or James k l at Carrie
LUTs dot com, poolock dot com.

237
00:18:32,160 --> 00:18:36,440
And hey, while you're at the
site Financial Survival Network dot com, make

238
00:18:36,440 --> 00:18:38,559
sure you sign up for your free
newsletter. James, always a pleasure,

239
00:18:38,599 --> 00:18:44,359
Thanks for stopping by. Thank you, thanks for listening to Carrie Letz's Financial

240
00:18:44,440 --> 00:18:48,599
Survival Network, your solution to today's
trying times. For the latest, go

241
00:18:48,720 --> 00:18:56,240
to Financial Survival Network dot com.
Financial Survival Network now more than ever,