economy
Those in the know know the disconnect between the economy and the volatile stock market; discover the reality about this complex relationship.
There Really Is a Magic Money Tree (Of Sorts)
There is a saying, ‘It takes money to make money.’ — Origin unknown It’s not true. All you need is a reasonable idea and to roll up your sleeves and make it happen — unless you are a bank, then it is partially true. You see, banks can create money out of thin air.
By Malky McEwan6 months ago in Trader
Mission Accomplished: Is it Too Early for the Fed to Declare Victory?
Yes, it is too early to declare victory. Still, the Federal Reserve’s jet appears to be approaching the airport with good runway visibility. In November 2023, the Fed’s preferred inflation measure, the core PCE deflator excluding food and energy components, saw its 12-month growth rate fall to 3.2%. That figure was almost half its peak 5.9% growth rate recorded in March 2022. While that figure remains above the Fed’s 2.0% target growth rate, the core PCE’s 6-month annualized growth rate fell to 1.9%, below the Fed’s 2.0% inflation growth target!
By Anthony Chan6 months ago in Trader
The 13 Best Outdoor Side Hustles You Can Do In Your Free Time
In today's fast-paced world, many people are looking for ways to boost their income and pursue their passions in their free time. Outdoor side hustles offer a fantastic opportunity to make extra money while enjoying the great outdoors. Whether you want to explore a creative side hustle that will take you outdoors, or simply earn extra cash on a weekly basis, there's a side hustle for everyone. In this article, we will explore the best outdoor side hustles that can help you maximize your free time and income.
By Jay Kobayashi6 months ago in Trader
Is 601 a Good Credit Score?
So, is 601 a good credit score? In the realm of personal finance, a credit score stands as a crucial determinant of an individual's creditworthiness. These numerical representations, typically ranging from 300 to 850, serve as a concise summary of one's credit history, providing lenders with insights into their potential risk as borrowers. A high credit score generally indicates a lower risk of default, making individuals more attractive to lenders and potentially leading to better loan terms, such as lower interest rates.
By Timothy A Rowland6 months ago in Trader
605 Credit Score
A credit score of 605 is considered to be "fair" credit. This means that you may have some difficulty getting approved for loans and credit cards, but it is not impossible. With a little effort, you can improve your credit score and gain access to better financial products.
By Timothy A Rowland6 months ago in Trader
Is 650 a Good Credit Score or What?
Your credit score is a three-digit number that lenders use to assess your creditworthiness, or how likely you are to repay a loan. A credit score of 650 is considered fair, which means it's not bad, but it's not great either. It's lower than the average American credit score of 714.
By Timothy A Rowland6 months ago in Trader
Understanding the Power of a 680 Credit Score
Understanding the Significance of a 680 Credit Score Credit scores play a vital role in our financial lives, providing lenders and financial institutions with an assessment of our creditworthiness. These numerical representations of our credit history, payment patterns, and financial responsibility greatly influence our ability to obtain loans, credit cards, and favorable interest rates. In this comprehensive guide, we will delve into the world of credit scores, with a specific focus on the significance of a 680 credit score.
By Timothy A Rowland6 months ago in Trader
The Importance of Managing Debt Wisely
Introduction Managing debt wisely is of utmost importance when it comes to maintaining financial stability and protecting your credit score. It involves effectively handling your financial obligations, such as loans and credit card balances, and ensuring timely payments. Failing to manage debt wisely can have significant negative consequences that can impact your financial future. In this article, we will delve deeper into the importance of managing debt effectively and explore the potential consequences of not doing so.
By Timothy A Rowland6 months ago in Trader
Is a 640 Credit Score Good or Bad?
Introduction Credit scores are numerical representations of an individual's creditworthiness. They play a significant role in financial decisions, determining loan approvals, interest rates, and borrowing options. One such credit score is a 640 credit score. In this article, we will delve into what a 640 credit score means, how lenders view it, the types of loans and credit cards available, and steps to improve it.
By Timothy A Rowland6 months ago in Trader
Unlocking the Mystery of a 665 Credit Score
Overview of the Credit Score System A credit score is a three-digit number that helps lenders assess an individual's creditworthiness. It is a tool used to determine the likelihood of a borrower repaying their debts. The two most commonly used credit scoring models are the FICO Score and VantageScore. These models evaluate various factors, including payment history, credit utilization, length of credit history, credit mix, and new credit applications. By analyzing these factors, credit scoring models generate a credit score that lenders use to make informed decisions about lending money.
By Timothy A Rowland6 months ago in Trader
New Year's predictions
In an elaborate foresight exercise for the year 2024, Saxo Bank unfolds a narrative that envisions a plethora of potential global transformations. This intricate forecast contemplates the ramifications of oil prices surging to an unprecedented $150 per barrel, a scenario that could catalyze a substantial reconfiguration of Saudi Arabia's economic landscape. The kingdom, leveraging its heightened oil revenues, might pivot away from its traditional reliance on oil revenues, fostering a burgeoning landscape in tourism and entertainment. Intriguingly, the prospect extends further into the realm of sports as Saxo Bank experts postulate Saudi Arabia's acquisition of the prestigious UEFA Champions League. Such a move could herald the transformation of this elite football tournament into a global competition, with Riyadh poised as a pivotal hub for the unfolding drama.
By Michael Learmonth7 months ago in Trader
Crack the Code: Unraveling the Mystery of Affiliate Marketing
Introduction In the vast expanse of digital commerce, understanding the intricacies of Affiliate Marketing is akin to deciphering a captivating puzzle. Let's embark on this enlightening journey, delving into the basics that form the foundation of this global phenomenon.
By Yraed Cracks7 months ago in Trader