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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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To say a lot of data hit the Street last week would be an understatement.
* First, the Federal Reserve (the Fed) raised its benchmark federal funds rate to a range between 5.25% and 5.5%, its highest level in over 22 years.
* Then, the official GDP report showed that the U.S. economy grew at a 2.4% annual rate in the second quarter. This figure exceeded expectations as the American consumers' spending kept the recovery on track.
* Lastly, the personal consumption expenditures (PCE) price index, a key Fed inflation measure, fell to its lowest rate in two years.
The U.S. economy appears to be steadily cooling while averting a recession thanks to the resilient labor market. Although parts of the economy are still cooling, as the Fed wants, fresh economic data reinforced optimism that inflation can fall without a recession.
That said, the economy is not the stock market, and readers of this newsletter are investors, not economists...but more on that topic next week. In the meantime, you can enjoy this article about the soft landing scenario.
How the U.S. Economy Is Sticking the Soft Landing (https://www.wsj.com/articles/how-the-u-s-economy-is-sticking-the-soft-landing-cf140c04?st=o3crfrlc1v8d88w&reflink=desktopwebshare_permalink)
by Ruth Simon and Sarah Chaney Cambon
** Your Life
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Your stuff. Your pictures. Enjoy them, but don’t think everyone will be clambering to claim and treasure them as you did. Old photos are wonderfully nostalgic, so consider protecting them. They not only hold memories but a history of the family. Start by carefully making copies. Pictures might be fragile due to the passage of time and environmental effects, so consult with an expert if needed. Proper storage is another critical consideration. Lastly, be careful how you display your photos. For specifics, read on.
The Simple Dos and Don’ts for Preserving Old Family Photos at Home (https://familyhistorydaily.com/genealogy-help-and-how-to/preserve-old-family-photos/)
by Janet Meydam
https://www.linkedin.com/in/danheth/
https://www.linkedin.com/in/rosalynn-harvey-heth-mpa-ceps-3a3aa3191/
** Complexity Simplified
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Summer fun also means tick season. Ticks can cause serious diseases like Rocky Mountain Fever and Lyme disease. Ticks that carry Lyme disease thrive in warm, humid weather. While tall grasses and wooded areas are prime tick breeding grounds, 75% of reported Lyme disease cases occurred from bites in people’s backyards. To limit your risk, wear light clothing with long sleeves and pants tucked into your socks & shoes. Use DEET or insect repellent. Do a tick check when you get home, and if you spent an extended time outdoors, change clothes immediately, putting your dirty clothes in a hot cycle wash and dry immediately.
Stop Ticks to Avoid Lyme and Other Tickborne Diseases (https://www.cdc.gov/ncezid/dvbd/media/stopticks.html)
source: CDC.gov
** Trivia
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A: O negative
Q: What is the most abundant metal in the Earth’s crust?
https://youtu.be/mHyxPIh3c5w
** Back in 1983, this song reached #1
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