Share Doubles in Public Debut, Home Prices Are ⬇️, Bitcoin is not doing good

- might be time to sell your home                                                                                                                                                                                                                                                                                                                                                                                                                 June 15, 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. Newsletter Partner 📈 Trend Tracker [Stocks rallied on Thursday after a hesitant start]( due to the Federal Reserve's suggestion of future rate hikes and no rate cuts in 2023. The S&P 500, Dow Jones, and Nasdaq all climbed, driven by stronger-than-expected retail sales and the European Central Bank raising rates. Meanwhile, the People's Bank of China reduced its medium-term borrowing rate. [Cava, the Mediterranean fast-casual restaurant chain,]( had a successful public debut on the NYSE. The company's shares closed at $43.30, valuing the chain at around $4.8 billion, almost double its initial price. Cava's IPO ranks as the sixth largest in the US this year. [Investors analyzed economic data showing the economy]( performing better than expected, especially in consumer spending. The Federal Reserve paused rate hikes but indicated more increases are likely. Jobless claims rose, retail sales beat expectations, and manufacturing activity displayed mixed results with a rebound in New York and contraction in Philadelphia. In Partnership With Divvy Stanley® tumblers are the latest craze—and so is Divvy, BILL’s free spend and expense management solution. It’s no surprise, since 92% of users say Divvy was easy to get up and running, and our TEI report lists a staggering 487% ROI. Don’t get FOMO, get a free Stanley tumbler when you take a 20-minute demo. You’ll learn how Divvy can improve your finance management with: You’ll learn how Divvy can improve your finance management with: - Real-time visibility into spending and budgets - Faster account reconciliation - Customized permissions for budget control - No more expense reports [Get a free demo]( 🏠Hot or Not? [The U.S. Federal Reserve has decided to keep interest rates steady]( to control inflation, potentially leading to a slight decrease in mortgage rates by the end of the year. Economists predict that mortgage rates may drop to the low 6% range and eventually reach around 5% in the coming years. Slowing inflation and falling housing costs contribute to this decision. However, if inflation remains high, the Fed may raise rates in the future. Falling home prices offer some relief to homebuyers, but significant declines are not expected due to limited housing supply. [Home prices are finally dropping after years of gains](, but experts don't anticipate steep declines. Limited supply and high demand will keep prices relatively strong, with small declines followed by subpar growth. Different markets will vary. [Get a Lowball Offer?]( Here’s How to Turn It Into a Home Run Crypto Chronicles 💥 [Terra Luna Classic (LUNC) resists market crash](, rebounds to $0.00009534. Investors intrigued. Co-founder Do Kwon faces extradition over financial fraud. LUNC's price at $0.000095, potential growth if resistance breaks. Watch for opportunities with ecosystem expansion and re-peg proposal. [BlackRock's iShares unit has filed for a spot Bitcoin ETF]( with the SEC. The iShares Bitcoin Trust will hold Bitcoin through Coinbase. BlackRock's size and influence may increase its chances of approval, unlike previous rejections faced by other firms. Bitcoin's price rose around 1% in response. [Bitcoin and ether experienced a decline]( after the US Federal Reserve Chairman's hawkish comments on interest rates. The market interpreted this as a signal that inflation remained high. Both cryptocurrencies breached the lower range of their Bollinger Bands, entering oversold territory. Regulatory concerns and downtrend indicators further impacted the crypto market. In Partnership With Divvy Is everyone on your TikTok and Instagram feed sipping from a Stanley® 30 oz tumbler? Get ready to join the club. For a limited time, take a 20-minute demo of Divvy, BILL’s free spend and expense management solution, and we’ll mail you a Stanley tumbler! [Learn more about Divvy]( 💸 Money Moves 💰 [Minimum-Wage Workers Would Need To Log 104 Hours]( a Week To Reasonably Afford a Two-Bedroom Rental, Report Says [You do have a bit of a bubble developing’]( with artificial intelligence, financial expert warns [This map shows how much money renters]( in every state need to earn to afford a 2-bedroom apartment 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=blog.financialmaverick.com&utm_medium=newsletter&utm_campaign=share-doubles-in-public-debut-home-prices-are-bitcoin-is-not-doing-good) Did today's newsletter hit the spot? 😉 - [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.  [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](