*|MC_PREVIEW_TEXT|* https://preservewm.com We've been keeping up with the latest headlines... here are two of our favorites worth sharing. ** Your Money ------------------------------------------------------------ There is an old saying that economic expansion doesn't die of old age; it is bludgeoned to death by the Federal Reserve. True to form, policymakers raised interest rates another 0.25% last week amid growing concerns about U.S. financial system stability. While the Fed didn't intend to trigger a banking crisis, the U.S. now faces one. This banking crisis might do much of the Fed's work for it. Most banks will begin reducing risk exposure and significantly tightening their lending standards. This credit crunch will likely spread through the economy, stifling growth, cooling inflation, and ultimately triggering a recession. This is all just collateral damage from the Fed's mandate to control inflation. The second mandate of full employment (still at record levels) is giving cover to the strategy. The recession playbook is to diversify with defensive investments while preparing to shift toward cyclicals whenever we see the light at the end of the tunnel. Quarter-point rate hike may be the last (https://www.americancentury.com/insights/fed-refuses-to-flinch/?cpg=true&utm_campaign=market-economy_fanewsletter-fed-refuses-to-flinch&utm_source=1x1&utm_medium=email&utm_content=emailcta&j=909501&sfmc_sub=86335428&l=40_HTML&u=16459399∣=100008681&jb=672&utm_campaign=newsletter_intm_wealth_no-si_no-fs_March24_no-camp_012023&utm_source=sfmc&utm_medium=email&utm_term=0033x000030ftwSAAQ&partnerref=sfmc) by Charles Tan ** Your Life ------------------------------------------------------------ Although this CNN article is about a bill in CA banning the use of certain chemicals linked to health issues, it bears passing on so the rest of us outside CA can be more informed of the ingredients going into foods we may be eating. In particular, CA legislators are proposing to ban the use of the following: red dye No. 3, titanium dioxide, potassium bromate, and brominated vegetable oil or propylparaben. Titanium dioxide is a powder used as a white colorant or to give a smooth texture to candies and other processed foods. Potassium bromate is added to baked goods to help the dough strengthen and rise higher. In some beverages, brominated vegetable oil keeps the citrus flavoring from floating to the top. Propylparaben is used for antimicrobial food preservation. Interestingly, these food products have already been banned in the European Union, while the US has allowed use at levels determined safe. In addition, these same food products are sold in the EU without the banned ingredients. Another thing to point out is that it is likely children ingesting more of these foods (therefore, chemicals) than adults. California bill aims to ban sale of popular candies containing ingredients that may cause health issues (https://www.cnn.com/2023/03/23/health/red-dye-no-3-bill-cancer-risk-wellness) by Andi Babineau and Kristen Rogers https://www.linkedin.com/in/danheth/ https://www.linkedin.com/in/rosalynn-harvey-heth-mpa-ceps-3a3aa3191/ ** Complexity Simplified ------------------------------------------------------------ So, you’re ready to paint your house. Well, the choices aren’t just a matter of color but also sheen or gloss. It describes how much light is reflected from the surface of the paint. The gloss level of paint can have a significant impact on both appearance and serviceability. Increasing gloss improves the durability of paints – including scrub-, stain- and moisture-resistance. However, higher gloss levels highlight defects and imperfections on a surface. Gloss level also affects color perception. The same color with a different gloss will appear as a different color. The color in a higher gloss paint will appear brighter and richer than the same color in a lower gloss paint. Here’s a great guide to help you understand. Selecting Paint Gloss (https://www.dunnedwards.com/explore/how-to/selecting-gloss/) source: Dunn-Edwards ** Trivia ------------------------------------------------------------ A: Strawberry Q: What is the only metal that is a liquid at normal atmospheric pressure and temperature? https://www.youtube.com/watch?v=0FWycArvOAo ** Back in 1950, this song reached #1 ------------------------------------------------------------ ============================================================ ** Facebook (https://www.facebook.com/preservewm) ** Twitter (https://twitter.com/preservewm) ** LinkedIn (https://www.linkedin.com/company/preservewm/about/) Copyright © *|CURRENT_YEAR|* *|LIST:COMPANY|*, All rights reserved. This email was sent to *|EMAIL|* (mailto:*|EMAIL|*) why did I get this? (*|ABOUT_LIST|*) unsubscribe from this list (*|UNSUB|*) update subscription preferences (*|UPDATE_PROFILE|*) *|LIST_ADDRESSLINE_TEXT|* *|REWARDS_TEXT|*

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