Today on Insight, John and Josh Rosenstern discuss the Federal Reserve Bank’s September market meeting looking at the economy, inflation, and the projection of interest rates, as they will likely be raised again. An 8-percent rate of inflation means that the cost of items today have gone up 8-percent in the last year. This doesn’t mean that prices will go back down, even if the rate is dropped. Brother Josh says once prices go up, they very rarely go down. We are seeing demand destroyed; people will hesitantly finance or borrow for purchases as interest rates go up, already existing loans, with variable rates, will go up as well.
Up Next in 2022
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Insight - Sep. 19th, 2022
Today on Insight, John and Josh Rosenstern discuss a recent gallop poll showing 56-percent of Americans are being hurt by the ongoing inflation, with many suffering hardship. Small businesses are hurting and even high-income earners are feeling the pressure. Brother Josh says if you are an advo...
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Insight - Sep. 14th, 2022
Since the Supreme Court’s overturning of Roe vs. Wade, fifteen states have banned abortions, with a similar amount working on legislation to reduce access to abortions, while several others have moved to secure it. Today on Insight, John and Josh Rosenstern discuss the recent proposal by South C...
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Insight - Sep. 9th, 2022
Today on Insight, John and Josh Rosenstern give their condolences to Britain's royal family and the United Kingdom with the passing of Queen of Elizabeth II. Today King Charles III gave his first address following her death. Queen Elizabeth was 96. Brother Josh says he was impressed to know s...
