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📰 On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio. [14:57] And this week’s financial planning topic is What Today’s Retirees Want Future Retirees to Know. 🔮 🚆 [0:48] The first headline, “U.S. Port Backups are Extending into Freight Rail Supply Chains”, is an article that explores how the ongoing port backups in Southern California are extending into intermodal supply chains at rail yards thousands of miles away. 📉 [3:57] The second headline, “Consumer Sentiment at Record Low is Another Ominous Sign for Economy”, discusses how the University of Michigan’s consumer confidence survey had its lowest reading since 1952 with more economic data pointing to a slowdown of the world's largest economy and a potential recession next year. ⛽ [9:06] Our final headline, “What is The Federal Gas Tax Holiday, and How Much Would You Save at the Pump?” is a deep dive into the proposed federal gas tax holiday and an analysis of how much savings American drivers can expect at the pump this summer. Hope you enjoy it!

📰 On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio. [19:16] And this week’s financial planning topic is Why a Retirement System is Better Than Just Having Retirement Goals. 📑 📈 [0:47] The first headline, “What the Fed Rate Hike Means for Your Savings, Credit Cards, and Loans”, is an article that explores how the most recent rate increase by the Federal Reserve will have an impact on your personal finances. 💸 [5:58] The second headline, “Recession Probability Soars as Inflation Worsens”, discusses how a recent survey of economists has increased the chances of a recession dramatically due to runaway inflation and Fed rate increases. 🚚 [10:14] Our final headline, “Self-Driving Big Rigs are Coming, Is America Ready?”, is a deep dive into the autonomous semi-truck companies and their prospects to start running long-haul routes in the sunbelt states. Hope you enjoy it!

📰 On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio. [15:21] And this week’s financial planning topic is Don’t Make These Common Retirement Planning Mistakes. 💸 🍔 [0:47] The first headline, “Inflation is Heating Up Summertime Expenses”, is an article that explores how inflationary pressures have increased the costs associated with some of our most beloved summertime activities. 🔋 [4:32] The second headline, “Old Electric Vehicles Batteries are getting a Second Life”, discusses how the auto industry, battery manufacturers, and battery recyclers are trying to create a three-stage life cycle for EV batteries. 📱 [10:16] Our final headline, “Chip Shortage Threatens Cutting Edge Tech Needed for Next Generation Smartphones”, is a deep dive into the potential cutting edge chip shortage for the two major chip manufacturers TSMC and Samsung over the next 2-3 years due to a shortage of manufacturing machines. Hope you enjoy it!

📰 On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio. [11:07] And this week’s financial planning topic is The 4 Lessons of Successful Investing from legendary investor Benjamin Graham. ✔️ 🧾 [0:48] The first headline, “Restaurants Add New Fees to Your Check to Counter Inflation”, is an article that explores how some restaurants and other businesses have started adding various service charges to help battle inflationary pressures on their bottom line. 🚗 [3:03] The second headline, “Car Insurance Bills are Rising with More Increases to Come”, discusses how many insurance companies have started to raise their premiums in response to the rising inflation environment. 📈 [6:49] Our final headline, “The May Jobs Report Keeps Fed on Track for Half Point Interest Rate Increase”, is a deep dive into the likelihood that the Fed raises interest rates another half-point at their June and July and what might be in store for future meetings. Hope you enjoy it!

📰 On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio. [12:32] And this week’s financial planning topic is The Right Retirement Mindset: how discipline, faith, and courage will help you follow your plan, not the markets and your emotions. 😰 ⛱️ [0:54] The first headline, “Summer Worker Shortage Means Things Will Be Closed… Again”, is an article that explores how the tight labor market and abundance of unfilled jobs has created limited capacity, reduced hours, and even closures of some of our favorite summer activities. 🤖 [5:08] The second headline, “Robots Pick Up More Work at Busy Factories”, discusses how many manufacturers have turned to automated robots to help fill open jobs in order to keep up with demand and rising costs. 🛒 [8:32] Our final headline, “Facing Inflation-Weary Shoppers, Grocers Fight Price Increases”, is a deep dive into the unlikely ally against inflationary pressures in the food industry, the grocery chains themselves. Hope you enjoy it!

📰 On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio. [17:49] And this week’s financial planning topic is The Goose and The Golden Eggs: How to Turn Your Savings into Retirement Income. 🦢 💸 [0:56] The first headline, “High Inflation Slowing Growth Raises Risk of Global Downturn”, is an article that explores how stagflationary pressures are putting economic markets around the globe at risk for a potential recession. 🏠 [7:05] The second headline, “U.S. Home Sales Cool Amid Higher Rates”, discusses how the red-hot housing market in the U.S. is finally showing signs of cooling due to higher interest rates and record-high average home prices. 🪙 [10:51] Our final headline, “Crypto Meltdown Exposes Hollowness of Its Libertarian Promise”, is a deep dive into the recent implosion of TerraUSD and Luna cryptocurrencies and the broader cryptocurrency market in the face of high inflation and increased stock market volatility. Hope you enjoy it!

📰 On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio. [14:27] And this week’s financial planning topic is Don’t Be Tempted: Disciplined Investors Will Be Rewarded. 🤑 📒 [0:47] The first headline, “U.S. Economy Grows Moderately Amid High Inflation and Ukraine Invasion”, is an article that explores the details of the first quarter of 2022’s Beige Book report from the Fed and what lies ahead for the economy. 📺 [3:46] The second headline, “Netflix’s Password Crackdown is Coming”, discusses how Netflix is exploring ways to monetize password moochers after its first quarter of losing subscribers and missing its earnings expectations. 🌞 [8:12] Our final headline, “A Different Kind of Solar Power Attracts Attention”, is a deep dive into how startups, universities, and governments are looking into concentrated solar-thermal power as an alternative to traditional solar power from panels and legacy fossil fuels. Hope you enjoy it!

📰 On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio. [11:31] And this week’s financial planning topic is Get Ready for Higher Prices. 💸 📈 [0:47] The first headline, “How to Adjust Your Brain for 8.5% Inflation”, is an article that explores how consumers can help adjust their financial behavior to get used to higher prices on everyday purchases due to inflation. 💳 [3:44] The second headline, “Credit Card Spending Belies Consumer’s Glum View of the Economy”, discusses how despite consumers vocalizing their negative outlook on the economy their spending habits are telling a different story. ☢️ [6:21] Our final headline, “Utilities Want to Convert Coal Plants to Nuclear, but Skeptics Abound”, is a deep dive into how governments, utility companies, and startups are pursuing the possibilities of converting legacy coal-fired power plants to nuclear ones using small modular nuclear reactors or SMRs.

📰 On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio. [12:11] And this week’s financial planning topic is Everyone Has a ‘Plan’. 🥊 🚗 [0:47] The first headline, “Looking to Buy an EV, Better Get on a Waitlist”, is an article that explores how electric car manufacturers are utilizing waitlists to better gauge consumer interests and build buzz around their new models. 💵 [4:15] The second headline, “Crypto Like Digital Dollar at Least Several Years Away”, discusses how the federal government has been researching the benefits and obstacles of creating a digital U.S. dollar. 📈 [7:20] Our final headline, “Economists Seek Recession Clues in the Yield Curve”, is a deep dive into a slump signal that has been used to intuit future recessions, the inverted yield curve, and how the fed is watching these indicators with regards to interest rate movements.

📰 On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio. [16:16] And this week’s financial planning topic is You Have Questions We Have Answers. 🤔 🛒 [0:47] The first headline, “With Inflation Not Letting Up, Shoppers Cut Back on Staples”, is an article that explores how inflation is starting to affect U.S. consumers’ shopping habits by cutting back on pandemic “luxuries” for private label necessities due to price increases. 🔒 [4:50] The second headline, “You Need Two Factor Authentication, but Some Types are Safer Than Others”, discusses how two-factor authentication is the most secure way to protect your online information but there are security trade-offs between the 3 different types. 🤝 [10:40] Our final headline, “401(k) Savings Plans Get a Boost in Bipartisan Retirement Bill”, is a deep dive into a recently passed bill from the House of Representatives proposing new regulations to retirement plans that hope to spur more retirement savings as well as changes to required distributions and catchup savings rules. Hope you enjoy it!

📰 On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio. [17:21] And this week’s financial planning topic is Recalculate Your path. 🗺️🧭 ⛽ [0:44] The first headline, “Gas Prices Shoot Up at Fastest Rate on Record”, is an article that explores how normal gasoline prices have risen at the fastest rate on record drawing similarities to the 1980s. 💸 [4:26] The second headline, “Capital Spending Boom Helps Raise Productivity and Contain Costs”, discusses how the capital spending boom in the past 2 years is helping raise employee productivity as well as containing inflationary pressures. 🕸️ [8:09] Our final headline, “Supply Chains Become Supply Webs”, is a deep dive into how the pandemic, geopolitical events, and natural disasters have plagued supply chains over the last few years and how some companies and governments are attempting to strengthen supply networks globally. Hope you enjoy it!

📰 On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio. [14:24] And this week’s financial planning topic is Goals Without Deadlines Are Just Dreams. ✔️ 📱 [0:42] The first headline, “Beware of QR Code Scams”, is an article that explores how malicious scam artists are utilizing the QR codes that seem to be everywhere since the start of the pandemic to phish for unsuspecting users’ personal information. ⛱️ [5:33] The second headline, “Part-Time Retirement Programs Are on the Rise”, discusses how some companies are utilizing phased retirement programs to help employees transition into retirement with part-time pay and full-time benefits to help onboard their replacements. 📈 [9:32] Our final headline, “What the Fed Interest Rate Increase Means for You”, is a deep dive into how the recent increase in the federal funds rate will affect every American household from the ways we borrow money to the ways we save. Hope you enjoy it!