Your Money This Week

Is the AI trade finally cracking? This week, we analyze the massive sell-off in big tech and hyperscalers following recent earnings reports, contrasting it with a surprisingly strong Q3 GDP report. We also share on-the-ground real estate insights from Redfin’s chief economist at the Schwab Impact conference, and kick off our very first Book Club with a discussion of The Everywhere Millionaire and the reality of Main Street wealth.Plus, we recap the latest NBA injury news and look ahead to a big college football elimination game.Topics covered:• Strong Q3 GDP growth (3.4%) and sticky PCE inflation (3.6%)• The massive sell-off in AI and Big Tech hyperscalers (Alphabet, Meta, Amazon, Microsoft)• Bond yields dropping as investors fly to quality• Redfin's latest housing market projections: When will affordability return?• Book Club: The Everywhere Millionaire and the reality of Main Street wealth• NBA injury updates and college football's upcoming elimination gamesSubscribe to Your Money This Week for weekly perspective on markets, the economy and personal finance: / @thebostonadvisorCheck out my list of Best Financial Literacy Books at https://www.thebostonadvisor.com/best-personal-finance-books/The Boston Advisor: https://www.thebostonadvisor.com

Why are residential real estate markets struggling, and what does it mean for buyers, sellers, and the broader economy? This week, we take a deep dive into the stagnant housing market, falling homebuilder stocks, and how regional inventory differences are dictating prices across the country.We also cover the market's punishment of big tech AI spending despite recent earnings beats, the flight to safety in the bond market, and three essential year-end planning tips. Plus, a recap of a historic college football weekend and early reactions to the NBA tip-off.Topics covered:- Big Tech earnings (Meta, Tesla, Netflix) and AI spending volatility- The flight to safety driving bond yields down- A deep dive into the struggling residential real estate market- Why homebuilder stocks are flashing warning signs- Strategic guidance for homebuyers and sellers in high vs. low inventory regions- Year-end planning: Medicare open enrollment, charitable giving, and the midterms- College football's wild upset weekend and the start of the NBA seasonSubscribe to Your Money This Week for weekly perspective on markets, the economy and personal finance: / @thebostonadvisorThe Boston Advisor: https://www.thebostonadvisor.com

How much artificial intelligence exposure is actually hidden in your portfolio, and what should you do about it? This week, we look at the dominance of AI in the markets, lessons from past historic infrastructure boom-and-bust cycles, and how to properly diversify your assets to manage concentration risk.
 
We also cover the mixed start to Q3 earnings from banks and chipmakers, how AI data centers are unexpectedly driving core CPI inflation (the "Froot Loop" effect), why investors should steer clear of high-fee indexed annuities, and the latest in college football and the upcoming NBA season.
 
Topics covered:
 
- Mixed Q3 bank and semiconductor earnings
- September CPI/PPI and the "Froot Loop" inflation effect
- Fed rate hike vs. pause expectations
- The truth about high-fee indexed annuities
- How to position your portfolio in the age of AI
- Lessons from historic infrastructure build-outs like railroads and fiber optics
- College football's packed top-25 weekend
- Why the upcoming NBA season is set up to be the most competitive in years
 
Subscribe to Your Money This Week for weekly perspective on markets, the economy and personal finance: / @thebostonadvisor
 
The Boston Advisor: https://www.thebostonadvisor.com

Welcome to Your Money This Week. I’m Sammy Azzouz, The Boston Advisor.
Every week, I’ll break down the most important developments in investing, the economy, and personal finance, focusing on what you need to know to grow and protect your wealth.
We’ll go beyond the headlines to discuss what’s happening, why it matters, and most importantly, what you can do about it.
I’ve spent more than 25 years as a financial advisor, including time as CEO of a wealth management firm, and today I’m a Managing Partner at Savant Wealth Management. I’ll draw on that experience to help you make sense of the financial world and make smarter decisions with your money.
And once a month, we’ll do something a little different, with a book club discussion exploring thought-provoking books about money, investing, and the economy.
So please subscribe wherever you get your podcasts, rate and review the show so others can find it and most important join my each week.
You can also find me at thebostonadvisor.com.