- world bank predicts slowdown in 2023 June 06, 2023 | [Read Online]( Check this out: - Trend Tracker - Up To Date News and Trends On The Stock Market ð - Hot or Not? - All Your Real Estate Needs ð - Crypto Chronicles - Basically the Avengers of Crypto! How Cool Is That? ð¦¸ââï¸ - Money Moves - Who doesnât wanting to be making money moves? Latest on your Personal Finance. ð Trend Tracker [US stocks showed mixed movement on Tuesday,]( with the S&P 500 rising 0.11% and the Nasdaq Composite gaining 0.23%, while the Dow Jones Industrial Average slipped 0.13% by midday trading. [U.S. bank stocks, including major banks and regional lenders,]( saw gains in morning trading. The KBW Regional Banking index reached its highest level since April, despite ongoing concerns about deposit flight, rising interest rates, and exposure to commercial real estate. [The World Bank predicts a global growth slowdown in 2023](, reaching its lowest level since the 2008 financial crisis. Factors contributing to this include higher interest rates, inflation, and tighter credit conditions. Developed countries are expected to fare better than emerging markets. The US and euro area are projected to experience significant drops in growth. The World Bank warns that if banking stress intensifies or inflation persists, global growth could be even weaker than anticipated. Higher interest rates pose challenges for emerging markets, particularly in servicing US dollar-denominated debt amid existing economic shocks. ð Hot or Not? [Two major lenders in the United States are offering loans with only a 1% down]( payment, aimed at helping lower- and moderate-income borrowers. While this may increase homeownership opportunities, experts warn that it could be risky for borrowers and may lead to negative equity if home prices decline. Critics argue that it may enable unqualified buyers to purchase homes. However, lenders maintain that these loans are carefully vetted and pose less risk compared to the pre-recession era. [5 Summer-Approved,]( âCoastal Grandmaâ Decor Looks for the Dining Room [Hereâs the Story:]( The âBrady Bunchâ House in Los Angeles Is the Weekâs Most Popular Home Crypto Chronicles ð¥ [Ethereum (ETH) price declined by 3% to $1,816 in 24 hours]( after the SEC sued Binance and its founder for 13 violations. Despite the drop, ETH has performed better than other cryptocurrencies and remains up 51% since the year's start. Exclusion from SEC charges may help ETH recover and benefit from increased staking. [Binance, the world's largest cryptocurrency exchange,]( experienced over $700 million in outflows solely on the Ethereum network following news of a lawsuit by the US SEC. Nansen's on-chain analysis revealed continuous negative net flows, with a 24-hour outflow totaling $778.6 million in ETH, ERC-20 tokens, and stablecoins. [tw profile: Nansen ð§] Nansen ð§ @nansen_ai [tw] Netflow to Binance over the past 24 hours is $778.6M negative on Ethereum - $871.7M in and $1.65B out Over the past hour, netflow on Ethereum continues to be negative at $35.7M on Ethereum - $14.8M in and $50.5M out Track it here and filter for "Binance" pro.nansen.ai/exchange-flows
Crypto, DeFi & NFT Analytics | Nansen Pro
Maximize your crypto, DeFi, and NFT returns with Nansen's real-time analytics tools. Get on-chain insights and data to power your investment decisions. Jun 6, 2023 73 Likes 13 Retweets 6 Replies ð¸ Money Moves ð° ð¦Â [Investors can adopt a 401(k) strategy called "dollar-cost averaging"]( to minimize stock market volatility. This involves investing fixed amounts at regular intervals, regardless of market conditions. It eliminates emotional decision-making and helps mitigate the risk of mistiming the market due to fear or uncertainty. [Nearly 750,000 adults may lose SNAP]( federal food assistance after debt ceiling deal, research shows [These lesser-known tax tips]( may help college-bound families You got it! Alright, financial mavericks, it's time to wrap up today's discussion. But fear not, we can keep the conversation going like the true money mavericks we are. Share Financial Maverick Calling all Financial Mavericks! To help out a family and friend in need by sharing this newsletter. Tell you what if you ever wanted to be a Hero, Financial Guru, or a Nice Person this is your time! [Click to Share](https:?utm_source=financialmaverick.beehiiv.com&utm_medium=newsletter&utm_campaign=tips-for-financial-success) Did today's newsletter hit the spot? ð - [Heck Yeah! Money Moves!](
- [Nah! Was More like Financial Dumpster]( DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research. Â [fb]( [tw]( [ig]( Update your email preferences or unsubscribe [here]( © Financial Maverick 19354 Watermark Drive, Suite 202
Cornelius, North Carolina 28031, United States [[beehiiv logo]Powered by beehiiv](