In this episode of Grow Money Business we review the government shutdown and what’s holding up an agreement, how that impacts the financial markets, what’s happening with gold, and a different perspective on the AI spending race. 

 

 

Show Notes

[01:43] Market Update – Government shutdown and market performance in the month of October.

[04:10] Article of the Week – Article by Paul Ollinger about his experience with estate planning.

[07:00] The Government Shutdown – Grant explains what the government shutdown entails and examines how disputes over healthcare funding ripple through the broader economy.

[12:30] Impact on Economic Data – The disruption of essential economic data due to the government shutdown.

[18:07] Investing in Gold – Grant explains the investor interest in gold as a hedge against inflation and fiscal uncertainty.

[21:00] The Debasement Trade – Grant explains growing debt, weakening confidence in the dollar, and surging of gold prices.

[26:10] AI Spending – Grant walks us through the topic of AI spending and its potential to create a market bubble.

[33:00] A Wartime Asset – Grant talks about the argument that AI could be a wartime asset.

Resources

The Hilarious World of Estate Planning

words.paulollinger.com/p/the-hilarious-world-of-estate-planning