Come To Find Out

Navigating Market Reactions to Political Events: Insights with Brendon and Supporting Veteran Communities

• Sarah Thress • Season 2 • Episode 40

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Prepare to gain a comprehensive understanding of how political events, especially elections, shape market behaviors with insights from our special guest, Brendon. Discover the nuanced ways markets react to the political climate, regardless of electoral outcomes, and the pivotal role of institutions like the Federal Reserve in navigating economic conditions. Brendan guides us through the intricacies of inflation and interest rates while addressing investor concerns tied to potential policy shifts. We also explore the ramifications of unified government control on spending and taxation, offering a lens to view the complex dance between politics and market stability.

In another essential segment, we turn our attention to those who have served our country, focusing on the importance of supporting veterans and their communities. We emphasize the need for tailored accommodations and community initiatives that enhance the well-being of veterans, advocating for a balanced approach in veteran care. Our discussion shines a light on the crucial health measures, such as vaccinations, necessary for their sustained health and prosperity. Through collaboration and a commitment to continuous improvement, we seek to honor and uplift the lives of veterans, ensuring they receive the care and support they rightfully deserve. Join us for a thoughtful exploration of economic trends and social responsibility.

To connect with Brendon:
Brendon Bland
614-747-3530
bbland@neighborhoodloans.com
https://www.instagram.com/mortgagemademodern/
https://www.facebook.com/brendon.bland


Sarah Thress
614-893-5885

First Time Home Buyer course: https://sarahthress.graphy.com/
Instagram https://www.instagram.com/sarah_thress_realtor/
Facebook https://www.facebook.com/SarahThressRealtor/
https://www.youtube.com/@LIFEINCOLUMBUS

Speaker 1:

And welcome to Come to Find Out. This week we have a wonderful winner. If you are a normal listener, you know that I'm going to go on quite a bit, because he's always absolutely amazing on the industry, but also his customer service is five-star all the way. I feel like this is a lot of fun. This is what I'm reaching, but before I read the money, I do want to apologize for the that I have. Hopefully it's not too annoying for you, but writing a quote and a podcast always yeah. So anyways, brendan, thank you so much for coming on today, thanks for having me, and I really enjoyed playing basketball. It's been a very change game, so let's get into it. I love that. Well. So I mean, obviously we all know that there was a big thing last week. Yeah, some of that, yeah.

Speaker 1:

So, and, as we all know, during elections you know, before the election, the market kind of exploded. So you know it's hard to see what's going to happen kind of slow and try to see what's going to happen, and it's a long time for whoever will sort of take the back up after, whoever is elected. Again, it doesn't matter whether it's Republican or Democrat. We're not making political decisions, but I would love to see the secure market right now political perspective but I would love to see the poor feeling of what the market is looking like right now. What has been the most election? What's the most of the market? Yeah, first off, I think it's good. What's happened? What's happened based on data, based on facts the other day we talked about certainly in the soup of life, it makes up for the brains. The political element is definitely added. Whenever we talk about race, I'm like there's a bunch of things that can be done, but ultimately, kind of at the base of everything, there is a big goal to get to the back of the curve. It's like any market. That is like there are institutions that invest in that market and where there's a lot of investment less investment, higher the behaviors that died to prey and respond.

Speaker 1:

That was the process. Those were very varied. We got a variety of factors that we've been using for the last few years. At the end of the day, that is really the face of it, all these other things that are happening around it. So the last couple of years they have a lot of older grades. That's, I think, what we see higher dollars, older grades and grades. I've got a problem with that. Today, when we see higher dollars, older trades and trades in general.

Speaker 1:

Generally, the idea is, when you have a major overspend and also things are too high, right, I think we can all agree that the nearest thing is probably the cost more right. So rates are higher and that, in theory, should slow down slightly and that their return may be a little bit down. They're going to make a change that we buy every day but not as expensive as we would. That's kind of a thought process that we experience going into this election. You have some inflation kind of falling off the ground, which means that we're getting into some much higher, some much lower. So rates have kind of bounced around on that.

Speaker 1:

In conjunction with the Fed, they play a role in this because they control the market not only, but it's not one of the rates, but it's now, and they've announced that, hey, they've got a place to do better. Because of that, they've sought their chance. Now there's a great place. Now that's great. Now there's only great rates. Now they're actually lower, that's great. So that's kind of the background of what's going on. We have high inflation, but it's come down. We had Fed who would say great rates this past couple years, but it's probably lower rates.

Speaker 1:

But then we got close to the election. What happened then? We got close to the election, we actually started seeing rates go up, and I think that's confusing for a lot of people, right? Because, like I said, they sit down. That's good, but that's not very. That's good. It's a viable conversation, but, just once again, when we think about voter tax, we don't even invest in that. They're speculating a lot.

Speaker 1:

One of those things is that it has happened in Hawaii, and when we know that there's going to be a big deal, we expect it to be in Hawaii. It doesn't matter if it's Democrats or Republicans, but anytime it's in Hawaii, it's going to be in Hawaii. Um, the prevailing concern, um by investors, and once you're in the house senate, it's to be much easier than half of the places you know. I think that's where you are. It's not a bad thing, right? You don't have to believe what you want in the country. It's not a bad thing. We actually have a stock market that records days. Based on that, you know, hey, this is the kind of policies that are really relevant.

Speaker 1:

Some of the concerns that Bonaventure has, though, going into that and that was getting into the context is that, hey, if you have one party that runs everything, you're going to have to pay for it. You're going to need to get more spending. We have to hire people to make it. We've got to pay for it. We've got to pay for taxes a lot. Again, pretty good business with wallets, but if we cut taxes, that would get coverage. Similarly, if we start clearing the high tariffs on things, that would be great.

Speaker 1:

That's been going on. That's been going on. And ISIS is spending 22,. Right, 22 bad rates. So around the election it's going up. That's something that will be seen in the next couple of years. Some of the things that will be seen in the next decade will be positive.

Speaker 1:

Will that picture happen? Well, maybe not, and I think, as we get further away from the election, as the incoming administration, all of the changes, that's going to be a little bit of a factor. We can have it, we can retreat, we can step down. Hopefully we'll keep it up. That's separate. That's kind of the prevailing thought for the election and how the election is set. We might expect a sign of it.

Speaker 1:

What happens as of today? There's a Thursday, yes, wednesday, november 13th. There was a storm that came down from the top. It was a storm that came down from the top. It was a storm that came down from the top. It was a storm that came down from the top. It was a storm that came down from the top. Um, so, basically, you know, over the last few months we had seen, month after month with rates but this is the first month good Overall since 2022, we're down to so we're almost there, so that's a good sign and once again, it kind of takes that point of housing and then if we concede over the next, that's when we would expect. That's exactly right. I mean, that's a good time.

Speaker 1:

But I think, for anyone listening to this, I know there's someone who's trying to practice. Let's see what happens. But you just want to pay attention to all of these and I think I can see a lot of how that changed attention to the policies and the policies that are being implemented in the United States, and they've got a lot of. I don't know how that's going to occur, but it's just very good that we have money, I mean because we've got a lot of people in the school. We've got a lot of people in the school and so you know, obviously a lot of people are not going to be able to get the money.

Speaker 1:

So, very long answer to your first question. I'll try to make the next couple of answers. So that's it. So very long answer to your first question. I'll try to make the next couple of answers. That's really what's going on.

Speaker 1:

Yeah, no, I think that's such a good definition of deep prize. You know, unfortunately I don't know. Yeah, absolutely, I appreciate that. Yeah, I wish I'd thought. No, I appreciate that. So I know from my experience. You know, in terms of my experience, when someone is using very important Twitter, there's definitely very different sellers. So if you go to Facebook, you'll find that there's definitely a lot of time.

Speaker 1:

I don't know if you can see it, but I'm on Siri's phone. I don't know if you can see it, but I'm on Siri's phone. I'm on Siri's phone. I don't know if you can see it, but I'm on Siri's phone. I don't know if you can see it, but I'm on Siri's phone. I don't know if you guys want to do a stop. I can see if there's. You know if there's resources for, like, you know, just for the? You know, like your last conversation, yeah, so I do think there's a lot of people. Let's see what happens.

Speaker 1:

And once again this is not a and once again this is not a political debate. But I do think that there's a lot of optimism. Not everybody, a lot of people have seen it. They're not happy about it, but a lot of people are optimistic. Once again, we have reflected this in the spending in the stock market. You know investing, right. So when there's optimism, generally, the marketplace is not at all that financial space, it's the market, the real estate.

Speaker 1:

So yeah, I think that people live with that no-transcript. There's a financial security buyer. Especially if you're buying a 50-billion or something like that, you're going to live cellared. They are motivated it's not like it's your fault at all but obviously don't decide to accept it because it's fine, right, they're not doing that for their health, at least not here in the pocket. They definitely don't care. Maybe in Florida, maybe Arizona or Texas there's certainly a different seasonality but for sure don't want to put their health at Christmas time January. Maybe it was all our taxes, there's certainly different seasonality, but for sure no one grew their house at Christmas time January. Let's do it, that's great. So you know, as a buyer, you're walking with it. So I guess the fact that that person's own house if you're starting to go to the kitchen, that person's own house motivated people and there are people who have fired as well. So it's a great time to get with people, but yeah, that's what happens. It affects how long. I think we'll make it some of that today. Thank you.

Speaker 1:

$5,000 discount $5,000 discount that sounds really great. You're going to say this is not funny. I get all that, but I think the seller credit is probably. Especially if you're a buyer or someone who's very budget-friendly, the seller credit is probably great. Or to sell a credit card those needs you know. To sell a credit card, that's great, but you know hundreds of dollars in projects, it's a cost, it's a frozen cost. So it's really pretty difficult Even with that.

Speaker 1:

You know I've had multiple clients that have done something like that. I've done it with kids. That you know I've had multiple. But that is, there's a way. There's a way to set that up. Um, I would try to find that potential to provide a product. That's a great idea, yeah, so I think, yeah, clients as a seller, I would say be prepared, savvy buyers, they might want to negotiate with you and if you have to negotiate. I think that's another pure thought. Again, yes, your buyers, no. So that's my job. A lot of things. I'm trying to figure out what I'm doing. What do you speak? Yeah, I think I'm trying to find a better place to move them. I'm trying to figure out what's in the room, but it's nice to be back out there with some people there.

Speaker 1:

Let's start. You know, right now, right now, right now, right now, right now, right now, right now, right now, right now, right now, right now, right now, right now, we have now the number of cases of COVID-19 is now 452. Now we are looking at the number of cases of COVID-19. I don't know, know the election is over or happens. Yeah, yeah, so yeah, okay.

Speaker 1:

Well, thank you so much for your time today, our guests, perhaps anything else that we could cover that we don't want to miss out on. You know, there was a little thing. Now I have to. I have to Because that's a dollar, a dollar and that's the number of people that are better than you. You're going to have no better associated with it. So I doubt there's some sub-categories of that where you could be able to pass the math like you are, but all I have to say is that an agent will not generate that kind of rate that it is. I also don't think that a lot of people are nervous. They don't know enough about it. So when they see it pop up, they're like I don't know how to interact with this, which is wild, because it's really putting my jaw on sleep. But yeah, I just want to throw that out there. Just had better today.

Speaker 1:

Um, and if you're a vet, um, yeah, no, absolutely. I love that you brought that up because I actually was going, um, I actually was on a meeting with a student yesterday and it was like what's the best approach that you can like say, if you're a full office, what's the best way to do it? Well, everyone was like, oh, potential, I think I was actually. I feel it's the best degree of oh, wow, wow, everybody. Whenever I've never been that way, whenever I've been you know it's current, you know it's the third provider I like to whatever. But like today, know, I love that, I like that, like I'm glad I got to take that. I'm glad I got to take that. That's what I'm trying to say.

Speaker 1:

So, yeah, it's a big part of the balance. Yeah, for veterans, everything too. It's like. You know every veteran has a veteran and you know, and being one of the important accommodations for that, that's really great, especially, you know, if you know, if you have something like something to do with veterans and you know we, we have something like something doing better in the community. We know they're doing well, but maybe they're not quite like that. Or you know there's all kinds of various things, yeah, yeah. So, yeah, you've got a line. Yeah, I think that's all I've seen right now. Absolutely, I think that's a good idea. Absolutely, we need to make sure that you are as close as you can get to the vaccine I was going to say. I think that's another thing that we need to talk about. I think that's a good idea. And I think that's a good idea. I think that's a good idea. We need to work with you next time. I'm sorry, bye now.