Why the “Rich Get Richer”!!
It starts with financial literacy!
Did you know that most adults CAN NOT pass a financial literacy test ! .
* About 43 Million People have a credit score of 599 or less
* Nearly half of America doesn’t even know what their credit score is * 49% have no retirement * 65% have no will
* 82% have no .
& the list goes on!
Why is that? Because we were never taught this stuff in school. .
Let’s talk , I would love to start you on your journey of becoming financially literate & positioning and protecting you and your family into a better place.
1776 $1 Continental Dollar, Currency, Pewter, EG Fecit PCGS MS64+ • One of the most desirable coins on the 100 greatest U.S. Coins List • First Dollar-sized coin proposed for the United States • Impeccably preserved silver-gray surfaces, with proof-like reflectivity in the fields • Boldly struck design elements • PCGS Population: 1 (MS64+), 5 Finer (4 MS65, 1 MS66)
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Another pay day tomorrow 🙌
You could join me... Pre - enrol Today for #free & you could be paid 52 times next year or 64 if you continue to do this opportunity around your 9-5
Maybe do 1 better & be able to reduce your hours at work or even quit 🥂
Only Your decisions can change Your Life, just thinking and not doing won't do it for you!
• US-China Trade War Developments 🇺🇸 🇨🇳 -
During Thursday’s session, reports crossed the wires that China is going to purchase around 1.5-2 million tons of US soybeans.
This is one of the agreements Presidents Donald Trump and Xi Jinping talked about from last week’s G20 Leaders’ Summit (seen in image above), but had yet to establish a particular amount on. #EFXsociety
1 24 hours ago
Today’s US Data Release🇺🇸 • US initial claims dropped to 206k vs expectation 227k
• US initial jobless claims dropped -27k to 206k in the week ending December 8, better than expectation of 227k.
Four-week moving average dropped -3.75k to 224.75k. Continuing claims rose 25k to 1.661M in the week ending December 1.
Four week moving average of continuing claims dropped -2.5k to 1.66575M.
Also released, US import price index dropped -1.6% mom in November, • CAD Data 🇨🇦 Canada new housing price index rose 0.0% mom in October.
1 14 hours ago
🇨🇭Swiss Franc (SNB Interest Rate Decision)
🇨🇭 CHF Analysis
SNB held negative rate, pledge to intervene when needed, revised down inflation forecasts
SNB kept sight deposit rate unchanged at -0.75% as widely expected.
Three month Libor target range is held at -1.25% to -0.25% correspondingly. SNB also pledged to “remain active in the foreign exchange market as necessary”.
🇨🇭🏦🗣SNB Chairman Thomas Jordan warned in the post meeting press conference that “surveys indicate that trade tensions have prompted companies to reassess their investment plans and value chains.” Also, Brexit “uncertainty remains high following the postponement of the vote in the UK parliament.” He also pointed to the “tension surrounding Italy’s fiscal policy also persists”. In summary, Jordan said “all these risks could lead to turbulence in the financial markets, jeopardize global economic growth, and also influence monetary policy.” He added that Swiss Franc remains highly valued. At the same time, FX situation is still fragile.
1 24 hours ago
🇪🇺 EU Summit 🌐
EU reiterates no Brexit negotiation, May seeks legal and political assurances on the backstop.
European Union Budget Commissioner Guenther Oettinger reiterated the commission’s stance on Brexit negotiation. That is, ” final clarification yes, but further negotiations no”. -
Oettinger went further and emphasized that there won’t be a time limit for the backstop solution on Irish border. He added “that doesn’t work. We need to have clear rules for people, products and goods at the border of Ireland, Northern Ireland, Belfast and Dublin.”
Separately, it’s reported the EU is ready to provide further assurance regarding the backstop. Reuters reported after seeing a six-point document for today’s summit. -
The assurance would include that “The European Council underlines that the backstop does not represent a desirable outcome for the Union. The backstop is only intended as an insurance policy … It is the Union’s firm determination to work speedily on a subsequent agreement.”
And even if triggered EU would say the backstop would “apply only temporarily unless and until it is superseded by a subsequent agreement.” EU would also commit to “best endeavours” to agree on a new EU-UK deal if the backstop is triggered “so that it would only be in place for a short period and only as long as strictly necessary.”
1 24 hours ago
Today’s ECB Interest Rate Decision 🏦🇪🇺
ECB lowered 2019 growth and inflation forecast, continuing confidence with increasing caution.
Today the ECB let interest rates unchanged today as widely expected. -
That is, main refinancing rate, marginal lending facility and deposit facility rates are held at 0.00%, 0.25% and -0.40% respectively. ECB maintained forward guidance that interest rates will “remain at their present levels at least through the summer of 2019”. Also, the asset purchase program will end this month as scheduled.
ECB lowered both 2018 and 2019 growth forecast. Growth is now projected to be at 1.9% in 2018 (prior 2.0%), 1.7% in 2019 (1.8% prior), 1.7% in 2020 (unchanged) and 1.5% in 2021 (new). -
🏦 ECB President Mario Draghi said that risks are “broadly balanced” but balance of risks is “moving to the downside”. He noted “persistence uncertainties” related to geopolitical factors, the threat of protectionism, vulnerabilities in emerging markets and financial market volatility”, as reasons.