Minds Over Money

📰 On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio. [17:12] And this week’s financial planning topic is How to Prosper During Market Swings.

🖥️ [0:49] The first headline, “How to Spot Fake Reviews and Shady Ratings on Amazon”, is an article that explores Amazon’s battle against fake reviews, and reviews for financial compensation that cloud the integrity of items on the largest online retailer.

🚌 [6:00] The second headline, “Retailers Need to Ace Their Back to School Season”, discusses how the retail industry desperately needs to have a strong back-to-school shopping season to help make up for lackluster performance in the first part of the year.

💸 [10:36] Our final headline, “Interest Rate Pain from Higher Inflation Has Barely Begun” is a deep dive into what might happen over the next few years if the Federal Reserve fails to tamp down inflation to its two percent target.

Hope you enjoy it!

📰 On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio. [17:17] And this week’s financial planning topic is Maintain Your Focus: How to Handle Short-Term Volatility.

📊 [0:49] The first headline, “Diverging Jobs Data Raise Questions About Labor Market Health”, is an article that explores how the two different labor surveys in the U.S. are telling different stories regarding the health of the labor market.

👃 [5:34] The second headline, “High Tech Smell Sensors Aim to Sniff Out Disease, Explosives, and Even Moods”, discusses how startups are using advances in olfactory sensors and artificial intelligence in numerous applications from healthcare to airport security.

🧞 [10:41] Our final headline, “Beware Wishful Thinking About Inflation and Recession” is a deep dive into the Fed’s monetary tightening and a reality check surrounding the likelihood of the Fed achieving a soft landing

Hope you enjoy it!

📰 On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio. [12:00] And this week’s financial planning topic is Survivor’s Guide to Bear Markets. 📑

⛏️ [0:45] The first headline, “Miners are Relying More on Robots. Now They Need Workers to Operate Them”, is an article that explores how mining companies are turning to automated trucks and trains to help with efficiency and safety but are running into a digital talent squeeze when it comes to staffing.

🛍️ [5:04] The second headline, “Large Retailers are Getting Hit Hardest by Overstocking”, discusses how general merchandise stores like Target and Walmart, are dealing with inventory issues stemming from their over-ordering in order to get high-demand products on the shelves during the pandemic.

📈 [8:14] Our final headline, “Jobs Report Could Keep Fed on Track for 0.75 Point Rate Hike in July” is a deep dive into the most recent jobs report and the impact it may or may not have on the Federal Reserve as they gear up to meet for another meeting later this month.

Hope you enjoy it!

📰 On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio. [21:23] And this week’s financial planning topic is There Should Be No “Financial Emergencies”. ⚠️

💥 [0:47] The first headline, “Cooling Demand for Goods Threatens to Turn Pandemic Boom into Bust”, is an article that explores how the pandemic boom for some manufacturers like chip makers and other electronics could turn to bust after inventory surplus and changing consumer purchasing habits in addition to inflation eating into spending power.

📱 [7:34] The second headline, “Worried About Personal Data Leaks? Here’s How to Lock Down Your Phone”, discusses how to make sure your smartphone is secure and not unknowingly sharing your personal data with your apps or advertisers.

📉 [11:12] Our final headline, “If the U.S. is in a Recession, It’s a Very Strange One” is a deep dive into the economic standing in the U.S. and a look back at previous economic downturns to see how our current economic troubles compare to the previous 12 recessions since the end of World War II.

Hope you enjoy it!

📰 On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio. [14:57] And this week’s financial planning topic is What Today’s Retirees Want Future Retirees to Know. 🔮

🚆 [0:48] The first headline, “U.S. Port Backups are Extending into Freight Rail Supply Chains”, is an article that explores how the ongoing port backups in Southern California are extending into intermodal supply chains at rail yards thousands of miles away.

📉 [3:57] The second headline, “Consumer Sentiment at Record Low is Another Ominous Sign for Economy”, discusses how the University of Michigan’s consumer confidence survey had its lowest reading since 1952 with more economic data pointing to a slowdown of the world's largest economy and a potential recession next year.

⛽ [9:06] Our final headline, “What is The Federal Gas Tax Holiday, and How Much Would You Save at the Pump?” is a deep dive into the proposed federal gas tax holiday and an analysis of how much savings American drivers can expect at the pump this summer.

Hope you enjoy it!

📰 On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio. [19:16] And this week’s financial planning topic is Why a Retirement System is Better Than Just Having Retirement Goals. 📑

📈 [0:47] The first headline, “What the Fed Rate Hike Means for Your Savings, Credit Cards, and Loans”, is an article that explores how the most recent rate increase by the Federal Reserve will have an impact on your personal finances.

💸 [5:58] The second headline, “Recession Probability Soars as Inflation Worsens”, discusses how a recent survey of economists has increased the chances of a recession dramatically due to runaway inflation and Fed rate increases.

🚚 [10:14] Our final headline, “Self-Driving Big Rigs are Coming, Is America Ready?”, is a deep dive into the autonomous semi-truck companies and their prospects to start running long-haul routes in the sunbelt states.

Hope you enjoy it!

📰 On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio. [15:21] And this week’s financial planning topic is Don’t Make These Common Retirement Planning Mistakes. 💸

🍔 [0:47] The first headline, “Inflation is Heating Up Summertime Expenses”, is an article that explores how inflationary pressures have increased the costs associated with some of our most beloved summertime activities.

🔋 [4:32] The second headline, “Old Electric Vehicles Batteries are getting a Second Life”, discusses how the auto industry, battery manufacturers, and battery recyclers are trying to create a three-stage life cycle for EV batteries.

📱 [10:16] Our final headline, “Chip Shortage Threatens Cutting Edge Tech Needed for Next Generation Smartphones”, is a deep dive into the potential cutting edge chip shortage for the two major chip manufacturers TSMC and Samsung over the next 2-3 years due to a shortage of manufacturing machines.

Hope you enjoy it!

📰 On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio. [11:07] And this week’s financial planning topic is The 4 Lessons of Successful Investing from legendary investor Benjamin Graham. ✔️

🧾 [0:48] The first headline, “Restaurants Add New Fees to Your Check to Counter Inflation”, is an article that explores how some restaurants and other businesses have started adding various service charges to help battle inflationary pressures on their bottom line.

🚗 [3:03] The second headline, “Car Insurance Bills are Rising with More Increases to Come”, discusses how many insurance companies have started to raise their premiums in response to the rising inflation environment.

📈 [6:49] Our final headline, “The May Jobs Report Keeps Fed on Track for Half Point Interest Rate Increase”, is a deep dive into the likelihood that the Fed raises interest rates another half-point at their June and July and what might be in store for future meetings.

Hope you enjoy it!

📰 On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio. [12:32] And this week’s financial planning topic is The Right Retirement Mindset: how discipline, faith, and courage will help you follow your plan, not the markets and your emotions. 😰

⛱️ [0:54] The first headline, “Summer Worker Shortage Means Things Will Be Closed… Again”, is an article that explores how the tight labor market and abundance of unfilled jobs has created limited capacity, reduced hours, and even closures of some of our favorite summer activities.

🤖 [5:08] The second headline, “Robots Pick Up More Work at Busy Factories”, discusses how many manufacturers have turned to automated robots to help fill open jobs in order to keep up with demand and rising costs.

🛒 [8:32] Our final headline, “Facing Inflation-Weary Shoppers, Grocers Fight Price Increases”, is a deep dive into the unlikely ally against inflationary pressures in the food industry, the grocery chains themselves.

Hope you enjoy it!

📰 On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio. [17:49] And this week’s financial planning topic is The Goose and The Golden Eggs: How to Turn Your Savings into Retirement Income. 🦢

💸 [0:56] The first headline, “High Inflation Slowing Growth Raises Risk of Global Downturn”, is an article that explores how stagflationary pressures are putting economic markets around the globe at risk for a potential recession.

🏠 [7:05] The second headline, “U.S. Home Sales Cool Amid Higher Rates”, discusses how the red-hot housing market in the U.S. is finally showing signs of cooling due to higher interest rates and record-high average home prices.

🪙 [10:51] Our final headline, “Crypto Meltdown Exposes Hollowness of Its Libertarian Promise”, is a deep dive into the recent implosion of TerraUSD and Luna cryptocurrencies and the broader cryptocurrency market in the face of high inflation and increased stock market volatility.

Hope you enjoy it!