BM Wealth 💵

Empowering people by providing financial literacy and awareness. Unleash your investment potential!

[BM Wealth 💵 @BmWealth]

After raising the interest rates, there are talks about raising them more now. With debt limit talks not going well and rates going up, a recession doesn't seem so bad anymore. Can we make it out this summer without a financial collapse? #interestrates #DebtCeiling #recession #US

[BM Wealth 💵 @BmWealth]

Imperial Valley California is being called Lithium Valley because it has one of the largest sources of lithium in the world, which is needed to make EV batteries. The Valley alone could meet all of America's demands. But are you willing to invest? #investing #Lithium #GreenEnergy

[BM Wealth 💵 @BmWealth]

The April jobs report says everything is all good, and there is nothing to worry about. Markets have reacted well to the good news. Does this mean the Fed will continue to raise rates and the banking issues have been resolved? #JobsReport #employement #economy #banks

[BM Wealth 💵 @BmWealth]

The Fed has hiked rates by a quarter percentage. Does this mean aggressive rate hikes are over? Is inflation under control? I don't see light at the end of the tunnel. Recession and debt ceiling questions are creeping more and more. #recession #DebtCeiling #investors

[BM Wealth 💵 @BmWealth]

Federal regulators took control of First Republic Bank and then sold most of it to JP Morgan. With possible higher interest rates and recession looming around, are mid-level banks going to continue to fall? Spring and summer are going to be interesting. #BankingCrisis #oversight

[BM Wealth 💵 @BmWealth]

The US economy only grew by 1.1% in the first quarter. Depending on how you look at it, the slow and steady approach is fighting inflation and giving us a soft recession landing. Well, we hope so. #economy #inflation #recession #consumer #confidence #Employment

[BM Wealth 💵 @BmWealth]

Disney filed a lawsuit against Florida gov DeSantis and the Central Florida Tourism Oversight Board. What kind of precedence will this set to conduct business in the state of Florida or even now California? #DisneyWorld #florida #business #politics

[BM Wealth 💵 @BmWealth]

There are a lot of questions about the commercial real estate market right now. Some are even comparing the current climate of commercial real estate market to the 2008 financial crisis. Experts are predicting defaults and delinquencies. #RealEstate #default #interestrates #MONEY

[BM Wealth 💵 @BmWealth]

The Treasury Dept's account is getting lower and lower. The balance sheet will likely improve due to the collection of more taxes, but that doesn't solve our debt limit increase. Without a deal in Congress, default keeps looming. #taxes #default #Congress #DebtCeiling #Budget2023

[BM Wealth 💵 @BmWealth]

When you hear Apple created a new high yield savings account, it partnered up with Goldman Sachs to create the Apple credit card. #Apple #savings #GoldmanSachs

[BM Wealth 💵 @BmWealth]

It seems like the hot topic is the concern of the devaluing of the dollar. The main concern right now should be if China invades Taiwan, what happens to Taiwan Semiconductor Manufacturing Company? The chip industry under China would result in serious economic issues for the world

[BM Wealth 💵 @BmWealth]

With the banking system still recovering, should we be worried about the debt ceiling?

We are hoping that the stand-off in the Congress can be resolved so the money market funds don't become a problem. If the US government defaults, there could be run-on money market accounts.

[BM Wealth 💵 @BmWealth]

With OPEC+ decision to cut oil output, means that oil prices will increase.

How will this impact inflation as the Fed tries to control it? Seems like we could be headed towards a recession since consumer spending will focus on energy costs.

[BM Wealth 💵 @BmWealth]

Everyone seems to be waiting for the March inflation report, which will come out later this week.

But regardless of what the March inflation report says, the Fed will continue to raise rates. It's just a matter of how much. #FederalReserve #interestrates

[BM Wealth 💵 @BmWealth]

Has the housing market improved yet? While mortgage rates are going down, currently at 6.2%, is this enough data for us to trust the housing market?

Home sales have slowly been rising. If home sales can continue to increase, then the housing market may have a chance at recovery.

[BM Wealth 💵 @BmWealth]

Seems like the March jobs report is creating a problem for the Fed. Jobs are still strong enough for the Fed to raise rates.