The Currency
Capital markets perspective: Higher for longer
Money
When Fed Chairman Jerome Powell continually warned that the Fed was more inclined to keep rates high longer than markets seemed to expect, investors didn’t really worry too much. Now, the market’s view that the Fed would probably start cutting rates sometime after New Year’s Day looks quite a bit more tenuous than it once did.
Take a byte of the apple 🍎
Money
It is a truth universally acknowledged: September is Apple szn. Apple recently unveiled the iPhone 15 and announced all next-gen smartphones will switch to the universal USB-C. Whether or not you make the upgrade (if so, you might have to wait until November), what and when you bite may come down to purchasing power.
Redefining the ideal retirement
Life
To explore what defines the ideal retirement in America, we surveyed over 1,000 adults about their views on living locations, activities, and concerns. What we learned may surprise you.