😏 So about those rate hikes...

The Fed shows its hand | Carmakers are sick of this chip | [TOGETHER WITH]( Hi {NAME}, here's what you need to know for September 24th in 3:14 minutes. 💸 The world’s biggest companies are selling their stocks for an arm and a leg these days. But join us on Tuesday for [The Power Of Fractional Investing](, and find out how you could buy into them for just an arm instead. [Get your free ticket]( Today's big stories - The US Federal Reserve said it could start tapering its bond-buying program as early as November - One legendary finance professor thinks there's a surefire way to boost your stock portfolio's returns – [Read Now]( - The ongoing chip shortage could cost carmakers $210 billion in lost sales this year Teasey Does It [Teasey Does It] What’s Going On Here? The US Federal Reserve (the Fed) [announced]( late on Wednesday that it’d start slowing its bond-buying from November, finally giving investors something to sink their teeth into. What Does This Mean? The Fed’s been working hard to keep the US economy grinding along during the pandemic, not least by buying up $120 billion worth of bonds every month – lowering their yields and, in turn, borrowing costs for households and companies alike. But now that the country’s started to look a little steadier on its feet, the Fed’s decided to start winding that bond-buying program down as soon as November. The central bank said it’ll end the program altogether from the middle of next year, and then – and only then – will get to thinking about upping interest rates… Why Should I Care? For markets: The Fed gives a stay of execution. Interest rate hikes matter because they make a company’s future earnings worth less today, which could give investors’ stocks a knock. But it’s no secret that they’re on their way: it’s just been hard to know when exactly. So now that the Fed’s said nothing will happen until at least the middle of next year, investors can relax a little. Throw in the fact that the central bank just upped its expectations for US economic growth over the next two years, and it’s no surprise US stocks rallied after the news. The bigger picture: So much for a blip. The Bank of England (BoE) made its own [announcement]( on Thursday, saying inflation might stay above 4% well into next year. This, despite having maintained for a while now that this spike in prices is only temporary. The BoE is sticking to its guns, mind you: it’s still not raising rates quite yet, even if it did say it’d think about doing it in the next few months – so long as the UK’s recovery stays on track, of course. You might also like: [Which stocks will get thrown out in the next “taper tantrum”?]( Copy to share story: [( 🙋 [Ask a question](mailto:questions@finimize.com?body=Ask us a question: Where are you writing from? Let us know and we'll mention it when we reply.&noapp=true&subject=Teasey Does It&utm_campaign=daily-global-24-09-2021&utm_source=email) Analyst Take How To Value Any Company [How To Value Any Company] What’s Going On Here? There’s [one surefire way]( to make big returns in the financial markets. It’s not by finding a crypto token that’ll shoot up 542% overnight, or the small-cap company that’s about to be bought by Google. We said surefire. It’s much simpler than that: it’s about knowing [what a company’s really worth](. That means knowing the [valuation models]( you need, [the difference between pricing a company and valuing it](, and how important a narrative is to a company’s overall worth. And there’s no one better to show you all that than valuation guru [Aswath Damodaran](, who we were lucky enough to snag for one of our latest events. That’s today’s interview: the NYU professor who makes our analysts go weak at the knees, and [his well-worn advice on how to value any company](. [Listen to the interview here]( SPONSORED BY BITCOIN IRA Your crypto retirement plan So you want the best of both worlds: the security of a long-term retirement account, and the potential of winning big with crypto. Investing through the world’s first, biggest, and most secure crypto [individual retirement account (IRA)]( sounds pretty perfect then, right? With [Bitcoin IRA](, you can invest in multiple cryptocurrencies tax-free* until you retire – just like a normal IRA. You’ll [earn up to 6%** a year in interest]( on both your cash and crypto, all while safe in the knowledge that your stash is locked up safe and sound in offline storage. That is why over 100,000 users trust [Bitcoin IRA]( with their retirement dollars. It takes less than 3 minutes to get set up: [open your account here](. [Open Your Account]( *Some taxes may apply. We recommend you consult your tax, legal, and investment advisor. **Interest rates may vary. Lost Cause [Lost Cause] What’s Going On Here? [Data]( out on Thursday suggests the ongoing chip shortage will cost global automakers $210 billion this year, but those lost sales must be around here somewhere. What Does This Mean? As if it wasn’t hard enough for carmakers to get their hands on microchips after all the pandemic mayhem, one key supplier in Asia has just been crippled by a major fire, while others have been hit by a new wave of coronavirus outbreaks. The delays are now so bad that it took a record 21 weeks to deliver chip orders in August. That’s left stockpiles of new cars nearly depleted and carmakers reliant solely on almost non-existent production. It’s a problem they’ve warned could go on for years, and an expensive one to have: one research consultancy just said it thinks the industry will lose $210 billion in sales this year alone – almost double its last estimate in May ([tweet this](). Why Should I Care? The bigger picture: Fool carmakers twice... Carmakers rely just as heavily on lithium and nickel in their electric vehicle production, and they aren’t going to make the same mistake twice. They’ve noticed that China – which controls two-thirds of the supply – is looking to keep more for itself, so they’ve been in talks to secure supplies from a new Australian project that’s looking to cover as much as 10% of global demand. For markets: This one’s on you. The supply chain is pushing up costs far and wide, with [data]( out on Thursday showing business costs in the eurozone rose at their fastest pace in more than 20 years. That leaves companies with two choices: either grit their teeth and take the hit, or start passing these costs onto you. And if they choose the latter, you won’t be the only one footing the bill: Germany, France, and Spain have all reported a slowdown in economic growth in the last few months, and that won’t pick up anytime soon. You might also like: [Why metals like lithium and nickel might be your most profitable EV play right now.]( Copy to share story: [( 🙋 [Ask a question](mailto:questions@finimize.com?body=Ask us a question: Where are you writing from? Let us know and we'll mention it when we reply.&noapp=true&subject=Lost Cause&utm_campaign=daily-global-24-09-2021&utm_source=email) 💬 Quote of the day “If people only knew how hard I work to gain my mastery, it wouldn’t seem so wonderful at all.” – Michelangelo Buonarroti (an Italian sculptor, painter, architect, and poet) [Tweet this]( 🎯 On Our Radar - Lots of crypto, little tax. Buy and sell crypto with Bitcoin IRA to [save money]( on taxes.* - Make anything a wireless charger. [Thanks, Sweden](. - The DeFi platform of our dreams. Zerion makes it super easy to [track]( your portfolio, [evaluate]( DeFi assets side by side, and [buy and sell them]( at the best prices.* - #FreeEverybody. America’s [guardianship system]( is flawed. - Looking for a new job? Here’s how to [get past applicant tracking systems](. When you support our sponsors, you support us. Thanks for that. 🌎 Finimize Live 🤓 Fractions are cool It’s true, the people who loved fractions weren’t exactly at the top of the social pecking order in high school. But that’s all changed: fractional trading gives you a way to get into the biggest stocks without breaking the bank. So if our [The Power Of Fractional Investing]( event isn’t cool, we don’t know what is. 🛢 [How To Build A Commodities Portfolio](: 6pm UK time, September 27th 🤠[How To Win Big With Fractional Shares](: 5pm UK time, September 28th 💰 [Does It Make Sense To Own Bonds In 2021?](: 3pm UK time, September 29th 💥 [How To Inflation Proof Your Portfolio](: 6pm UK time, October 1st 🤷‍♀️ [The Hows, Whats And Whys Of Staking Your Crypto](: 1pm UK time, October 4th 🤞🏽 [The Risks And Rewards Of Chinese Stocks](: 6pm UK time, October 4th ♜ [How To Master A Market-Beating Mindset](: 1pm UK time, October 5th 💉 [How To Get Your Dose Of Healthcare 2.0](: 5pm UK time, October 6th 🏡 [How To Profit From The World Working At Home](: 6pm UK time, October 7th 👍 [How To Trade In Good And Bad Times](: 5pm UK time, October 11th 👵 [Age Wealthily, Not Gracefully](: 5pm UK Time, October 13th 🤔 [The Pros And Cons Of Alternative Investments](: 5pm UK time, October 18th ❤️ Share with a friend Your Referrals: 0 Thanks for reading {NAME}. 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