A Hot Economy, Data Centers, and Why We Aren't Afraid of AI

In this episode of Money Matters, brought to you by Greenberg Financial Group, Dean Greenberg opens the Labor Day weekend show with a look at the tug of war between the Federal Reserve and the White House over interest rates, why today's rates are closer to historically normal than many people remember, and what a hot jobs report and a strong GDP print mean for inflation. He also makes the case for embracing AI rather than fearing it, shares how the firm is using it to streamline its own work, and explains why data centers may bring more to local communities than the headlines suggest.

Then Dean, Dave, Sebastian, and Todd break down a flat week for the S&P 500 that hid a softer broad market, the September seasonality question, and the rising odds of a Fed move later this month. We get into why global bond yields have been climbing, how that pressures stock valuations, and whether the Fed can really push mortgage rates lower while the long end of the curve has other ideas. Todd's beach ball analogy explains it better than any economist.

Hailey Glick joins the tax segment to clear up one of the most misunderstood parts of the tax code: withholding and estimated payments. Extending your return is not extending your payment, and the IRS charges interest and penalties that are tough to outrun. We cover who needs to make quarterly payments, the safe harbor rule, why a new pension or a January stock sale can catch people off guard, and the difference between your tax bracket and your effective rate. Plus the one bracket that actually deserves your worry.

Estate planning attorney Jonathan Scibilia stops by to introduce HLAEstate.com, a new attorney-built site for simple wills, trusts, beneficiary deeds, and powers of attorney, complete with attorney review and remote notary signing now that Arizona allows it. Later, we get into NVIDIA's Hugging Face acquisition, what open source really means, a Tucson fun fact involving the boneyard on Kolb Road, and a few ticker symbols that made us smile.

Your free financial plan is waiting whenever you're ready. No obligation, no phone tree, just a real conversation.

If you would like to contact us to learn more about our firm, our seminars, and our process - call us at 520.544.4909 or go to our website at www.Greenbergfinancial.com or email us at Contact@Greenbergfinancial.com

Disclaimer:

This show discusses different investment products and strategies. Every product and strategy has some type of inherent risk and we strongly encourage our listeners to properly understand these risks. Past performance is no guarantee of future performance. The information presented on this program is believed to be factual and up-to-date, but we do not guarantee its accuracy and it should not be regarded as a complete analysis of the subjects discussed. The material covered on this program does not involve the rendering of personalized investment advice, but is for general information purposes only. A professional advisor should be consulted before implementing any of the options presented. Greenberg Financial Group is registered as an investment advisor with the SEC and only transacts business in states where it is properly registered, or is excluded or exempted from registration requirements.