Fraud charges on the way 🚨

- Don't get your hopes up for another round of money                                                                                                                                                                                                                                                                                                                                                                                                                 August 02, 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 [US stocks experienced significant decline]( as Fitch downgraded the US government's credit rating due to fiscal and political instability. The S&P 500 fell 1.3%, Dow Jones dropped almost 1% (over 300 points), and Nasdaq Composite slipped over 2% on Wednesday. [PayPal's second-quarter operating margin fell short]( of expectations at 21.4%, below the forecasted 22%. The low-margin business products thrived, but pressure from rivals like Apple slowed growth in branded products. Consequently, shares dropped almost 8% in extended trading. [Calls for a major recession are subsiding as Bank of America]( revises its economic growth outlook, predicting no mild recession in 2024. The shift reflects growing optimism about the US economy, with Fed Chair Powell and Goldman Sachs also downplaying recession concerns. 🏠Hot or Not? [The American dream of homeownership promises stability,]( but rising property taxes are catching many off guard. Homebuyers are facing unexpected spikes in mortgage bills due to local governments capitalizing on soaring home prices, leaving them with little recourse. [Facing mortgage rejection is disheartening,]( but it doesn't shatter homeownership dreams. Understanding reasons behind denial is crucial. Todd Sheinin identifies three main causes for rejection, offering hope and insight to potential homebuyers. [In a turbulent economy with fluctuating interest rates and inflation,]( people seek personal or business loans to cope. Many opt to use their homes as collateral due to rising home equity. However, potential risks lurk in this approach, prompting experts to shed light on the motivations and cautionary aspects. Crypto Chronicles 💥 [Litecoin, one of the leading blockchains, experienced its third]( "halving" event, reducing miners' rewards from 12.5 to 6.25 LTC. This planned occurrence supports mass adoption without compromising security, highlighting Litecoin's role as "digital silver" compared to Bitcoin's "digital gold." [The US Department of Justice (DoJ) is considering fraud charges](against Binance, but fears it could trigger a rush of withdrawals, potentially causing customer losses and crypto market panic. Crypto markets reacted with modest sell pressure, with Bitcoin dropping to the $29,000 level, and Ether testing fresh daily lows near $1,820 before partially recovering to the $1,830s. [Bitcoin hovers near $29,900, facing a downturn]( from a peak at that level. Market sentiment remains tense due to Curve-related events, raising concerns of a potential drop to $25,000. US Federal Reserve's 0.25% lending rate hike boosts Bitcoin but brings unpredictability, impacting various asset classes and causing traders to watch their investments closely amid uncertainty. 💸 Money Moves 💰 [As Social Security official warns of A.I. fraud risks](, one expert says criminal activity is ‘here right now’ [Is an Ivy League degree worth it?]( Report finds advantages beyond future earnings [Borrowers should avoid getting hopes up for Biden’s]( next round of student loan forgiveness, expert says 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]( 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