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It is even worse in Canada. Housing and food inflation is out of control here. Wages are not even remotely keeping up with the housing cost increases.
Over time this adds up and has become a major problem for the younger generation. They simply are destined to rent forever…
Jerome Powell: "The economy is running smoothly!"
The economy:
Jerome Powell: "The economy is running smoothly!"
The economy:
🎬 VIP Screening of Hollywood Film “Dumb Money” at Shangri-La in Toronto last night!
🌟 Incredible mix of 50 attendees: from hedge fund pros, top-tier wealth advisors, savvy investment bankers, to finance influencers and passionate retail investors.
🎭 A full house echoing…
🚨BREAKING: U.S. 10-Year Real Yields Headed for 14-Year High
Now standing at +2.08%.
Finally, inflation isn't eating all our savings!
🚨 Central Bank Alert!
- U.S. hits brakes on rate hikes 🇺🇸
- Canada freezes rate hikes 🇨🇦
- Bank of England holds steady 🇬🇧
Have they finally finished their mission?
Good Morning Everyone! Billionaire tycoon Rupert Murdoch is stepping down as chairman of FOX. This leaves his son Lachlan as the sole executive in charge of the global media empire.
Huge mainstream media shakeup!
🚨JUST IN: Jerome Powell says soft landing is NOT his baseline expectation.
He interrupted a Reuters reporter to say this.
Oh-oh 😱
🚨JUST IN: Jerome Powell says multiple times the FED is focussed on reducing its balance sheet.
QT here we go 🙈
🚨JUST IN: Jerome Powell says “full effect of tightening remain to be felt”
🚨BREAKING: FED Hits Pause on Interest Rate Hikes
HERE WE GO.
🙈 Ah Shit, Here We Go Again
Inflation in Canada going back up.
From 2.8% in June to 4% in August.
This is a warning to America.
Good Morning Everyone! Live look at the stock market if the FED raises rates today.
Everyone: "Please stop hiking!"
Jerome Powell:
X is full of advice that will make you a better investor
If you follow the right people, you'll learn more than an MBA
Here are the 10 best finance twitter threads:
I think I need to sit down 🤯
DEVELOPING: 🇺🇸 Elon Musk and SpaceX have sued the United States Government, Department of Justice
🙈 Ah Shit, Here We Go Again
Inflation in Canada going back up.
From 2.8% in June to 4% in August.
This is a warning to America.
Business Insider has said that Americans are hitting casinos at an all-time record.
1% chance the FED raises tomorrow.
If they do, 99% of economists should retire.
GRIT is a financial media company democratizing access to institutional-quality market insights for the masses. The company is led by former +$100M money manager Genevieve Roch-Decter, CFA, who founded the company after realizing that only the top 1% we’re getting the best insights.
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