
House lawmakers are scheduled to vote this week on an increase in the debt ceiling (LOL), with low likelihood of passage - the treasury would likely run out of cash by October per Yellen. SpaceX returned its Crew Dragon spacecraft from spacial orbit on Saturdayīank and financial stocks, including JPMorgan (JPM), Bank of America (BAC) and Citigroup (C) fell in Monday’s premarket as bond yields slide.Ĭompugen, DraftKings, Coinbase and Square were among the biggest ETF losers in early trading Monday morning
ARBITRAGE ANDY INSTAGRAM CANTOR TRIAL
Pfizer (PFE) and BioNTech (BNTX) said Monday morning that their Covid vaccine is safe and generates a “robust” immune response in a clinical trial of kids 5 to 11. Central bankers are considering when to begin tapering bond purchases against a backdrop of elevated inflation and a recovering economy ( CNBC ). The Federal Reserve ’s two-day September policy meeting, which starts tomorrow is a wild card for markets.

Treasury Secretary Janet Yellen issued another plea to Congress to look to raise the federal debt ceiling. The demand and reception of paid has been unexpectedly high and in the future if the trend continues more and more content will be offered to paid subs.China Evergrande shares plummeted 10.2% after earlier losing as much as 19% to more than 11-year lows. There’s a reason hedge fund PMs, banking analysts, private equity associates, tech savages, students, people looking to improve themselves, and many more subscribe to paid. If you’re looking to become sharper and more educated on financial markets, global news, and current events, paid is for you. Remember, a huge part of developing an abundance mentality and healthy relationship with wealth is viewing money as a tool. And because I believe in complete transparency, we’ve set the pricing (~$5.00/month) low enough to give everyone a chance to access it, but high enough where the value we offer and time we put in is compensated. If you enjoy Arb Letter, paid is a no brainer and I say that in the most non shill manner. Once a week public posts with high level analysis/commentaryĪccess all Post Archives (read over 52+ articles at your leisure) We’ve gotten some questions on our paid posts and what they include, since this is a paid post, here is the simple run down for what is included. In this edition of Arb Letter I walk through the two things YOU can control to take inflation by the horns and improve your financial standing for years to come. You can seriously propel yourself ahead of others if you focus and take steps to improve two key areas of your financial approach to the times we are living in, regardless of age or marital status.

It is more important than ever to effectively position yourself to not only fight the effects of inflation but also reap the benefits during and after it’s eventual wane. there have been unanticipated and large shocks to the economy that have boosted energy and food prices, and supply bottlenecks that have affected our economy badly that I didn't at the time didn't fully understand. "Well, look, I think I was wrong then about the path that inflation would take…. Janet Yellen last week admitted that it was a mistake to call inflation transitory.

After the dust settled from a nearly 2 year pandemic from Covid 19 we are clearly entering an unprecedented period of prolonged and sustained inflation. Unless you live in the woods like a hobbit, you’ve likely noticed inflation starting to find it’s way to restaurants you frequent, stores you shop in, and other items that you order/buy/consume. Stakes are getting higher with the changing nature of work, the economy, and the way we interact socially. Even if you are, some good ways to think about the current environment all Americans find themselves in. *Assuming you’re not already decently wealthy ( net worth of $1M- $2M). There’s plenty of time this week to get what you need to get done, so for now do something for yourself. Recession talks are slowing hiring/cutting costs, and increasing manager’s scrutiny of lower level employees.įortunately there are two things you can do that will objectively benefit YOU in this environment.

Office politics have amplified during Covid/remote work. I get it, summers here, your boss sucks, your hybrid remote job sucks. Trust me, this is more valuable than giving more of your energy, band-with, and time to the 9-5, so go take another morning dump and grab another espresso or bagel and buckle up. While you’re all shaking off the grog from the weekend, here’s a post to help you procrastinate before really digging into work for the week.
