Student Loan Forgiveness Commodity Cycles Are Everywhere Feds Tough Talk Rattles Markets (

Published: Sept. 15, 2022, 8 a.m.

b"In this episode of the Planned Solutions Incorporated Podcast, The recent executive order creating student loan forgiveness of $10,000 or $20,000 for most student loan borrowers has created more questions than it has answered. Over time we should get more information on how this will be administered and the steps that borrowers will need to take to apply. However, there are some changes to student loan repayment programs that have been made which may impact some borrowers and allow them to better plan for their financial future.\\n\\nAlso, Commodity prices often follow predictable patterns as supply and demand shift over time. These cycles can lead to high prices followed by low prices and then high prices again. For example, one needs to look no further than the market for avocados which surged from 2017-2019 due to increased demand. Suppliers responded by\\nincreasing production creating a glut of avocados causing prices to drop. \\n\\nAnd, The Federal Reserve\\u2019s tough talk on inflation at their Jackson\\nHole, WY symposium has caused investors to shift their concern from high inflation to slowing economic growth. This shift in sentiment may have taken Fed officials by surprise as they attempt to find the right balance between fighting inflation while maintaining US economic growth, the so-called \\u201csoft landing\\u201d scenario.\\n\\n\\nPlus a look at the Planned Solutions Incorporated Office Bulletin Board- The calendar says that Summer is nearing an end but the thermometer here in Sacramento and elsewhere is telling a different story with temperatures exceeding 110 degrees for multiple days in\\na row. Naturally, with such extreme heat, we are looking forward to the Fall and hopefully the mild weather that it typically brings.\\nFall also is the season for tax planning and Required Minimum Distributions (RMDs) from retirement accounts. This is a good time to meet to review tax strategy, tax withholdings, and discuss ways to reduce or manage tax liabilities before the year ends and many of the options available go away. If you are interested in discussing your tax situation, reviewing your RMD and the tax implications, or discussing strategies such as Roth IRA conversions, please contact us to set up a meeting. Or, let us know that you would like to include tax planning as an agenda topic for your next review meeting.\\n\\nChase participated in the Chartered Financial Analyst (CFA) Society of Sacramento\\u2019s annual golf tournament. In addition to being a fun day on the links, this tournament is always a great opportunity to network with other financial analysts and \\u201ctalk shop.\\u201d In Sacramento the majority of the CFA Society members work at two of the nation\\u2019s largest pension funds, California Employees\\u2019 Pension Services (CalPERS) and California State Teachers Retirement Services\\n(CalSTRS) making it a great opportunity to learn what changes are occurring at these institutions both from an investment and participant services standpoint. \\n\\nChase Armer's book- Financial Planning Insights is now available at:\\nwww.amazon.com/Financial-Planning\\u20261586894022&sr=8-1\\n\\nTo subscribe to the Personal Finance Review (the written form of all the content we discuss on the podcast) please e-mail Katie@PlannedSolutions.com\\n\\nThe Personal Finance Review is published and distributed on a biweekly basis by Planned Solutions, Inc. for informational purposes only. Please seek the advice of a qualified financial planner before taking any action.\\n\\nPlanned Solutions, Inc."