Stock Rises 41%, Home Prices Turn Negative, Federal Reserve Pause Interest

- great day to be in the stock market                                                                                                                                                                                                                                                                                                                                                                                                                 June 13, 2023 | [Read Online]( Check this out: - Trend Tracker - Up To Date News and Trends On The Stock Market 📈 - Hot or Not? - All Your Real Estate Needs 🏠- Crypto Chronicles - Basically the Avengers of Crypto! How Cool Is That? 🦸‍♂️ - Money Moves - Who doesn’t wanting to be making money moves? Latest on your Personal Finance. 📈 Trend Tracker [Stocks rose on Tuesday as inflation data revealed]( a smaller-than-expected increase in prices in May, indicating a probable halt in the Federal Reserve's rate hike campaign. The S&P 500 and Dow Jones Industrial Average were up 0.7% and 0.5% respectively, while the Nasdaq Composite gained 0.8%. The Consumer Price Index showed a 4% rise in inflation over the previous year, in line with the Fed's expectations and reinforcing the likelihood of interest rate stability. The market now predicts a 95% chance of the Federal Reserve maintaining its benchmark interest rate. [Tesla (TSLA) shares continue their winning streak, rising 41%]( in 13 consecutive 'up' days. General Motors (GM) and Ford (F) partnerships with Tesla to access its Supercharger Network are seen as positive for Tesla's revenue and charging network sustainability, although vehicle sales may be affected. [Apple stock reached a record high,]( nearing a $3 trillion market cap, but UBS analyst David Vogt downgraded the stock to Neutral. He cited weak growth in developed markets and data indicating continued pressure. Apple's valuation, trading at a 10-year high premium to the S&P 500, also influenced the downgrade. In Partnership With Gold Allied Trust Money experts warn financial shock on the way To help you take cover FAST the smart way, I’d like to give you a FREE copy of the NEW 35-page Gold & Silver Info Kit that shows you: - How a little-known IRS exception allows you to move a portion of your savings into a GOLD self-directed IRA — tax-free and penalty-free - Why central banks worldwide are buying up gold by the ton — what it means for you, and how it could impact your financial future - Why Goldman Sachs believes the price of gold could skyrocket to $2,500 (and some are saying HIGHER!) - And so much more If you absolutely refuse to let the actions of Washington and the Fed impact your savings strategy … [>> Click HERE Now to Get Your 100% FREE 35-Page Gold & Silver Kit Now]( There’s no cost, obligation or catch. Just a chance to access ultra-valuable and immediately useful information you can use to help hedge against inflation and recession. [FREE KIT]( 🏠Hot or Not? [Home list prices in the US have turned negative]( for the first time in years, with sellers pricing homes below last year's prices. The Western and Southern regions, which experienced significant price surges during the pandemic, are now witnessing the biggest declines due to affordability issues and rising mortgage rates. Markets like Boise, ID, and Austin, TX, known for their pandemic-induced price increases, are seeing the largest drops. However, some Midwestern markets are still experiencing steady price growth. [Foreclosure filings surged 7% in May,]( affecting 1 in 4,000 homes. The rise is partly due to the end of COVID-19 moratoriums, impacting homeowners who were late on mortgage payments. Rising home prices, adjustable-rate mortgages, and stricter creditors contribute to the concerning trend. Crypto Chronicles 💥 [The price of Ethereum (ETH) has experienced minimal movement recently,]( with a 3.5% loss in a week and an 8% drop in the past two weeks, currently standing at $1,750. Despite this, ETH has seen a substantial 46% increase since the start of the year. Analysts have observed a weekly golden cross, suggesting a potential significant rally in the coming months. However, uncertainty persists due to ongoing legal actions by the SEC against major exchanges like Binance and Coinbase. Nonetheless, ETH's strong fundamentals indicate that another notable rally is imminent. [tw profile: Tony "The Bull"] Tony "The Bull" @tonythebullBTC [tw] With all the noise in the market right now, everyone has entirely missed the fact #Ethereum has formed a weekly golden cross Jun 12, 2023 218 Likes 41 Retweets 20 Replies [XRP prices surged 7.4% in 24 hours](, defying the overall crypto market trend, as traders speculated on a positive outcome for Ripple Labs in its legal battle against the SEC. The release of documents linked to a former SEC director contributed to the price increase. [The U.S. Treasury Department is exploring ways to maintain privacy]( and anonymity in a potential digital dollar. Graham Steele, assistant secretary for financial institutions, discussed the use of Privacy Enhancing Technologies (PETs) to protect privacy while ensuring transparency. The risks of a retail central bank digital currency (CBDC), such as bank runs, were also highlighted. The Treasury-led group is evaluating policy objectives related to global financial leadership, national security, privacy, illicit finance, and financial inclusion. 💸 Money Moves 💰 [The Federal Reserve may pause]( its interest rate hiking campaign. What that means for you [At a time when most Americans are living paycheck to paycheck](, the ‘quiet luxury’ trend takes over 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=stock-rises-41-home-prices-turn-negative-federal-reserve-pause-interest) Did today's newsletter hit the spot? 😉 - [Heck Yeah! 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