By each definition of the phrase, we’re in a bull market.
The S&P 500 hit report highs for 5 consecutive days final week, and remained sturdy all through this week.
The Dow is above 38,000 for the primary time in historical past.
Unemployment has stayed under 4 % for twenty-four months, marking the strongest jobs market in half a century.
And client sentiment, which displays extra pessimism than the info warrants, is exhibiting indicators of enchancment.
The Fed met this week and determined to carry charges regular, as anticipated, however there are hints that they’ll begin dropping rates of interest inside a number of months.
Inflation isn’t but right down to the Fed’s goal charge of two %, nevertheless it’s getting nearer — with one notable exception. Auto insurance coverage has skyrocketed; throughout the nation, automobile insurance coverage is 17 % greater than final yr.
In the meantime, a shake-up in the actual property business is creating tumult for the Nationwide Affiliation of Realtors, which is dealing with its first severe problem in 100 years. The end result might decide how steeply you’ll should pay if you promote your house.
The place will we go from right here? What’s subsequent for the economic system? We sort out these questions on this First Friday podcast episode.
Take pleasure in!
Due to our sponsors!
Certainly
When you’re in search of wonderful expertise to bolster your crew, you want Certainly. Go to certainly.com/paula for a $75 job credit score to improve your itemizing and begin hiring immediately.
Shopify
Diversify what you are promoting by promoting bodily and digital merchandise via Shopify’s all-in-one platform. Go to shopify.com/paula for $1/month trial and get full entry to Shopify’s complete suite of options.
Fixed Contact
Fixed Contact makes it straightforward to advertise what you are promoting with highly effective instruments like e-mail and SMS advertising, social media posting, and even occasion administration. Deal with any problem with Fixed Contact’s free trial. Plus, all the pieces’s backed by their 30-day Cash-Again Assure.
Quince
Quince gives a spread of high-quality gadgets at costs inside attain. Go to Quince.com/paula totally free transport in your order and 365-day returns.
