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https://preservewm.com
We've been keeping up with the latest headlines...
here are two of our favorites worth sharing.
** Your Money
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In response to the economic shutdown in 2020, the Federal Reserve (Fed) cut its benchmark interest rate near zero and began purchasing $120 billion a month of Treasury and mortgage bonds to provide extra stimulus to the economy.
In Fed Chair Jerome Powell's testimony last week, he said they were nowhere near considering raising rates. However, the first form of stimulus removal will be to reduce, or taper, their monthly bond purchases. Chairman Powell noted he would like to see more hiring first, but also mentioned there is a range of views on that within the committee.
The last time the Fed did this was in 2014, removing stimulus put in place during the Great Financial Crisis of 2008. The very mention of that future plan in 2013 was a surprise to those who figured stimulus was a permanent stance. It caused significant, yet short-lived, losses in both the stock and the bond market. That rare event was coined the Taper Tantrum. Powell doesn't want to repeat that message so has been fairly candid with his remarks.
Fed Says Economy Has Progressed Toward Goals, Tees Up Bond Taper (https://www.wsj.com/articles/fed-says-economy-has-made-progress-toward-its-goals-teeing-up-bond-taper-11627495233?st=ug0zv7xzmv9n8ld&reflink=desktopwebshare_permalink)
by Nick Timiraos
** Your Life
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Whether you are an active outdoorsy type or just prefer to enjoy and relax with outdoor scenery, here are 15 great adventure lodges to scratch everyone’s itch from snow to mountain climbing to horseback riding to kayaking and fishing. Each location has excellent accommodations in the background of nature’s beauty.
15 Breathtaking Adventure Lodges (https://www.outdoorproject.com/travel/15-breathtaking-adventure-lodges)
by Jesse Weber
https://www.linkedin.com/in/danheth/
https://www.linkedin.com/in/rosalynn-harvey-heth-mpa-ceps-3a3aa3191/
** Complexity Simplified
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Refrigeration is a good way to prevent food spoilage. However, there are many foods that people refrigerate that does not need refrigeration. This article states that, generally, items that are meant to be spread or poured do not require refrigeration. It goes on to further identify foods that might surprise you that do not need refrigeration.
14 Surprising Foods You Don't Need to Refrigerate (https://www.thespruceeats.com/foods-that-dont-go-in-the-fridge-995448)
by Danilo Alfaro
** Trivia
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A: Brazil
Q: What is the common name for dried plums?
https://www.youtube.com/watch?v=F2AitTPI5U0
** Back in 1982, this song reached #1
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