Corporate media is heavy on the propaganda these day! It's hard to tell what is real in the news anymore. But what we do know for sure is the Federal Reserve made a surprising decision to cut interest rates by 50 basis points, reducing the federal funds rate to a range of 4.75% to 5%. We talk the implications of this unexpected move. It's hard to understand the Fed's rationale so it's important to understand the data that may not be publicly available and questioning what signals the Fed is responding to. That's why you need to stay vigilant when it comes to the news and where you're getting your facts and data from.

Today we discuss...

• The Fed surprised many by cutting the federal funds rate by 50 basis points, bringing it to a range of 4.75% to 5%.
• Concerns arose about the sudden need for significant rate cuts, indicating potential underlying economic issues.
• Many speculate that the Fed possesses data not publicly available, raising concerns about hidden economic pressures.
• The Fed's decisions are influenced by unemployment trends more than inflation or stock market performance.
• Speculations linger about whether the Fed's actions could influence the upcoming election, although this is not typically their mandate.
• Overall, the Fed's strong statements indicate a serious concern about economic conditions, prompting scrutiny and analysis from investors and economists alike.
• The speaker argues that news media often functions as high-grade propaganda, which can cloud rational thinking.
• The rise of the internet in the 1990s disrupted traditional media by providing free access to information.
• People shifted from relying on traditional media outlets to independent sources like blogs and podcasts.
• The limitations of their data access compared to government or mainstream media.
• The media employs attention-grabbing tactics, such as sensationalism and loud broadcasts, to attract viewership.
• This reliance on dramatic presentation often overshadows the delivery of accurate information.

For more information, visit the show notes at https://moneytreepodcast.com/heavy-on-the-propaganda-645

Today's Panelists:

• Kirk Chisholm | Innovative Wealth
• Phil Weiss | Apprise Wealth Management

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Anthony Coniglio is here today to talk about how you can invest in cannabis stocks! Anthony co-founded New Lake Capital Partners, a real estate investment trust (REIT) focused on the cannabis sector. Today he's here to discusses the complexities of investing in cannabis! He touches on the challenges and opportunities in the U.S. cannabis market, such as state-by-state regulations, federal restrictions, and evolving consumer preferences. There is potential for medical cannabis, but there is also need for more research to enable broader investment and growth in the industry.

Today we discuss...

• Anthony's 30 years of business experience, and how it led him to co-founding New Lake.
• How the cannabis market has garnered attention since Canada's legalization in 2018, with various investment opportunities emerging in both U.S. and Canadian markets.
• Investing in cannabis can involve direct plant-touching businesses (cultivators, manufacturers, distributors) or non-plant-touching businesses (ancillary services, real estate).
• Medical cannabis is supported by a majority of Americans, but research is hindered by its Schedule I status, limiting evidence on its efficacy.
• The Schedule I to Schedule III rescheduling proposal is still pending, with a hearing scheduled for December to address comments and opposition.
• The cannabis industry is highly regulated, with indoor cultivation facilities focusing on optimizing THC content.
• Consumer preferences are shifting towards edibles and drinks rather than raw flower, indicating potential growth areas in the industry.
• Hemp differs from cannabis mainly in THC content, and can be used for various industrial applications, including products with higher THC through legal loopholes.
• The cannabis sector faces challenges due to federal regulations affecting banking and investment, impacting liquidity and institutional involvement.
• There is a need for policy reform to enable better banking services and research opportunities, which could normalize the industry and recognize its significant employment impact.

For more information, visit the show notes at https://moneytreepodcast.com/invest-in-cannabis-stocks-anthony-coniglio-644

Today's Panelists:

• Kirk Chisholm | Innovative Wealth
• Barbara Friedberg | Barbara Friedberg Personal Finance

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Is Ai stealing your jobs? Today we discuss how Ai is impacting the job market and inflation. We also highlight the states where people are having a lower percentage of struggle with household expenses compared to other states. We also share possible concerns about the potential negative impacts of universal basic income and the future of work. Join us today we talk about all of this and more!

Today we discuss...

• Some states have lower percentages of adults struggling with household expenses compared to other states.
• The states with fewer adults struggling are mostly liberal, while those with higher struggles are predominantly conservative.
• Conservative states with high welfare dependency often criticize welfare systems despite benefiting from them.
• The debate over Universal Basic Income (UBI) continues, with concerns about its potential to cause inflation and economic issues.
• AI's impact on job markets is significant, affecting both creative and technical professions, and may lead to existential questions about purpose and employment.
• Social Security, Medicare, and pensions are projected to face financial shortfalls in the coming decade.
• Receiving steady, high pay without working can reduce stress but strain the labor economy, leading to higher job prices.
• Employment data has been frequently restated, revealing that many jobs are part-time or in government sectors.
• New regulations create more government jobs to enforce them, even though the original data was already accessible.
• There is concern that AI's ability to predict the future might be limited to avoid impacts on markets and other areas.
• Centralized platforms, like Google and social media, may manipulate information to shape opinions and influence outcomes.
• Building personal AI models could help avoid manipulation by large corporations and governments.

For more information, visit the show notes at https://moneytreepodcast.com/ai-stealing-your-jobs

Today's Panelists:

Kirk Chisholm | Innovative Wealth
Douglas Heagren | ProCollege Planners

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