2022 EP1029 | John Kuykendall | Impact of Rising Interest Rates
John Kuykendall discusses the impact of rising interest rates. Interest rates are a double-edged sword. We appreciate higher rates on saving, but rising interest rates have a negative effect on many other aspects of the economy and our investments. The Federal Reserve states that interest rates will continue to increase, potentially putting further pressure on the stock market and creating more volatility. Contact John Kuykendall at (386) 755-9018 or visit the website at Gulfcoastfinancial.net to review your plan for the future and understand the impact of rising interest rates.