How Will the Fed’s Interest Rate Cuts Affect You?

Last week, the Federal Reserve announced its first interest rate cut since the early days of the Pandemic. The highly anticipated rate cut resulted in a 50-basis point (half of one percent) reduction in the Federal Funds Rate, an important overnight borrowing rate set by the Federal Reserve. Outside of Covid, the last time the […]

The Housing Market is on Fire!

Key Takeaways: Housing inventory has declined by 52% from last year and is 15.6% more expensive. Millennials are finally participating in home purchases in a more prevalent way. Low inventory and increased construction costs have made home purchase decisions difficult for buyers. To put it bluntly, the housing market is on fire!  Over the past […]

GameStop and the Rise of Meme Trading

Apple, Microsoft, and Facebook all reported earnings last week and somehow the results were buried behind article after article on a video game retailer involved in two industries on life support, selling discs and mall stores.  So why all the hype for a company with revenues down 45% over the last decade and whose profits […]