Mr. Economically Intelligent (E.I.) @TheEIsolution
Mechanical Engineer, Author, & Finance Coach theeisolution.com Southwest USA Joined April 2011-
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Sales of new homes increased by a much larger-than-expected 20.5% in August compared with July to the highest level since January 2022, according to the U.S. Census. However, home prices are still very high.
Historical data indicates that stocks tend to perform well after Fed rate cuts.
This week the Fed implemented a 0.25% interest rate cut, not because inflation has vanished, but because increasing job losses are the greater risk. A slight rise in inflation would be less damaging than a full collapse in the labor market.
It is important to remember to be economically intelligent as the U.S. economy is taking a downturn. Be responsible with the money you earn. It is important that you accumulate or maintain a financial nest egg for many reasons: job layoff, rising inflation, family emergency, etc.
Facebook’s settlement payments are going out. Facebook users who filed a claim in parent company Meta’s $725 million settlement related to the Cambridge Analytica scandal may soon get a payment if the claim was approved.
At this point, with the jobs report and inflation data available, the Fed should indeed implement at least two rate cutes before the end of the year.
So the number of Americans filing for unemployment benefits increased more than expected last week, while hiring by private employers slowed in August, offering further evidence that labor market conditions were softening. Unemployment rate is up to 4.3%. No bueno!
Buying a home is slowly fading out of the American Dream. More Americans are ditching plans to buy a home and are renting instead due to increased property taxes, higher insurance premiums, and higher maintenance costs.
The number of new applications for unemployment benefits has increased to the highest level in a month last week, suggesting the labor market was stable though job creation and hiring has slowed down tremendously.
The US president's decision on Friday comes just hours after the July jobs report showed that growth had slowed sharply over the past three months. on.ft.com/4fmp3IX
A not-so-favorable jobs report Friday and major downward revisions to May & June employment figures are causing major concerns regarding the direction of the U.S. economy. The Fed & economists will keep a close eye on the inflation & job reports data within the next few months.
It is cliche, but some of the best financial advice that I can give you is to simply "live within your means". Don't try to ball out of control by frivolously spending money. Be E.I.
So Shannon Sharpe and his accuser reached a settlement in the lawsuit. Bad decisions will cost you each & every time. At his age, he should not be making these kind of decisions. Moral of the story is you can protect your bag $ by simply being mature & making the right decisions.
The $50 Million Sexual Lawsuit Against Shannon Sharpe Has Been Settled & Will Be Dismissed With Prejudice. Attorney Behind The Case Acknowledged Their Longterm Consensual Relationship.
The consumer price index, a broad-based measure of goods & services costs, increased 0.3% on the month, putting the 12-month inflation rate at 2.7%, the Bureau of Labor Statistics reported Tuesday. This means that the tariffs are slowly working their way through the U.S. economy.
Its the summer and its time to go on vacations. Want to travel to Cali on budget? Listen closely and visit the following website: traveltocali.com
Nvidia is set to become world's most valuable company -- current market value approximately $4 trillion dollars. Wow, that is hard to fathom!
Here is a hypothetical. What if Jeff Bezos decided to liquidate his $237 billion net wort and distribute it to every American. Based on the U.S. Census Bureau, the total U.S. population is about 341,891,315 people. So each person in the U.S. would receive approximately $693.00.🤔
FACT: According to the U.S. Census, sales of new single-family homes dropped approximately 14% in May.
President Trump's tariff revenue is on pace for another monthly record in June. However, will inflation increase this Fall? Lets wait and see. Time will tell.

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