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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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How's this for a contrarian call? According to Torsten Slok, the chief economist at Apollo Global Management, the Fed won't cut rates in 2024.
Slok says, "The market came into 2023 expecting a recession. The market entered 2024 expecting six Fed cuts. The reality is that the US economy is simply not slowing down, and the Fed pivot has provided a strong tailwind to growth since December."
If he is correct, or even close with the Fed cutting once or twice, floating rate income should continue its heyday with double-digit returns. The dollar may continue its relative strength, removing a tailwind from international investments. And speculative investments anxious for a cut may be in for disappointment.
In the attached article, Mr. Slok supports Apollo's view with ten summary observations.
The Fed Will Not Cut Rates in 2024 (https://www.apolloacademy.com/the-fed-will-not-cut-rates-in-2024/)
by Torsten Slok
** Your Life
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Stress and aging are two realities in life. While handling stress can be a little easier when we are young, the effects on our bodies change as we age. Constantly dealing with a state of stress can cause elevated blood pressure, problems with the immune system, anxiety, depression, heartburn, digestion issues, and more. As you age, your body responds differently to physical and cognitive stress. The good news is there are some easy ways to identify and relieve stress to improve your overall health. Stress symptoms to be aware of include changes in mood, eating, concentration/memory, excessive fatigue, sudden weight loss or gain, more physical pain, social isolation, and disregarding personal hygiene and care. Stress relief activities include meditation, deep breathing and brain exercises, and reducing stress triggers. Aging does not need to mean the end of an active and fun lifestyle if we continue to care for ourselves physically and mentally.
The Effects Of Stress And Aging (https://getvipcare.com/blog/effects-of-stress-and-aging/)
source: VIP Care
https://www.linkedin.com/in/danheth/
https://www.linkedin.com/in/rosalynn-harvey-heth-mpa-ceps-3a3aa3191/
** Complexity Simplified
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Do you have any old electronic devices lying around such as VCRs, DVDs, computers, laptops, etc.? If so, consider donating or recycling them instead of just throwing them away. Consumer electronic products are made from valuable resources and materials, which include metals, plastics, and glass, all of which require energy to mine and manufacture. Donating or recycling these products conserves our natural resources and helps to avoid air and water pollution, as well as greenhouse gas emissions that are caused by manufacturing virgin materials. However, it is important to make sure that you donate or recycle your electronics safely and correctly. You can check your city or county websites for e-waste recycling drop-off locations. Additionally, stores like Staples and Best Buy will also accept old electronics for recycling. Finally, if you have an old record player, consider giving it to a family member or friend as vinyl records are making a come-back
Electronics Donation and Recycling (https://www.epa.gov/recycle/electronics-donation-and-recycling)
source: EPA
** Trivia
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A: Vitamin D
Q: What is “jaggery” used in Indian cooking?
https://youtu.be/viV24hMLcjY?si=M6x44_lWz9v2Uzjl
** Back in 1960, this song reached #1
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