👀 Keep an eye on oil

La La Land's strikes may soon be over | The Bank of England abandoned its hiking plans | [Finimize](   TOGETHER WITH   Hi {NAME}, here's what you need to know for September 22nd in 3:12 minutes.   🤓 Ray Dalio: legendary hedge fund manager, New York Times bestselling author, multibillionaire – and keynote speaker at this year's [Modern Investor Summit](. This is your chance to hear one of the world's top investors share strategies and predictions for the year ahead. [Grab your free ticket]( Today's big stories - Hollywood writers and producers sat down at La La Land’s negotiation table, which could signal the end of an over-100-day strike - Here’s why you might want to keep an eye on oil – [Read Now]( - The Bank of England hit the interest-rate-pause button, flipping the script on its show of independence only weeks ago Roll Credits [Roll Credits] What’s going on here? The entertainment industry’s major studios and striking writers [returned]( to the negotiating table for a second day, raising hopes of a Hollywood ending. What does this mean? Tinseltown’s standoff has been more Cure For Insomnia – the longest movie ever at 85 hours – than Fast & Furious, with writers striking for more than 100 days over issues ranging from salaries to the role of artificial intelligence in the industry. But this week, the CEOs of Disney and Warner Bros. Discovery, along with studio bigwigs from Netflix and NBCUniversal, sat at the negotiation table across from the striking union, the Writers Guild of America. And with talk of a deal potentially being finalized soon, the industry may be able to press “play” on productions sooner rather than later. Why should I care? The bigger picture: Once Upon A Time… In Hollywood. La La Land used to funnel films into theaters then DVDs, and TV programs straight to millions of Americans via a cable subscription. That was a predictable and profitable business, where pretty much everyone involved cashed in. But today’s streaming culture is forcing businesses to battle it out for subscribers and wrangle a profit after forking out for pricey content. So with streamers already under pressure, anyone looking for a pay raise or better working conditions will need the fighting spirit of Jackie Chan himself. For you personally: It’s Christmas, Carol! Still, the holiday season is for turkey legs and family arguments – not deep introspection about the future of creatives and fair treatment of workers. So count your lucky stars that movie studios like Hallmark sorted out their slates of festive films before the strike started. That means you can drown out news of picket lines with instant classics like Catch Me If You Claus, Never Been Chris’d, and Haul Out The Holly come Christmas time. You might also like: [You might be thinking about Netflix all wrong.]( Copy to share story: [/roll-credits]( 🙋 [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=Roll Credits&utm_campaign=daily-global-22-09-2023&utm_source=email) Analyst Take Why Oil Prices Matter, Far More Than You Realize [Why Oil Prices Matter, Far More Than You Realize]( [Photo of Stéphane Renevier] Stéphane Renevier, Analyst [Oil prices]( have been on the up since June and flirting awfully heavily with the $100-a-barrel mark. That has some [slippery implications]( for your wallet and your portfolio. So let’s pull over a minute, and I’ll tell you [what you need to know]( about oil now. That’s today’s Insight: [why oil prices are a way bigger deal than you might think.]( [Read or listen to the Insight here]( SPONSORED BY THE PORTFOLIO PLATFORM Become your own wealth manager [Elite trading strategies]( have been hidden from retail investors for too long. That’s why TPP not only showcases [top techniques](, but also challenges industry norms to give [retail investors complete control of their portfolios](. Here, you can [browse and select expert strategies](, before unlocking guidance about how to put them into practice and [beat your market benchmark](. So long, wealth managers, with their secretive intel and various fees. You’ll [keep all your profit]( when you use TPP, and you won’t pay much to trade either. Even better, you can [sign up for a free demo on TPP to see what you’re missing.]( DisclaimerOur past performance may not be indicative of future results.  Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any investment strategy or product made reference to will be profitable, equal any corresponding historical performance or be suitable for your portfolio. There is a substantial risk of loss in trading financial markets. Past performance is not indicative of future results. [Find Out More]( When you support our sponsors, you support us. Thanks for that. Pause For Effect [Pause For Effect] What’s going on here? The Bank of England (BoE) decided not to hike interest rates on [Thursday](. What does this mean? The European Central Bank and the Federal Reserve (the Fed) had recently signaled that they’d take a breather from rate hikes. At the time, the BoE seemed to be pushing in the other direction, gearing up to be the solo rate-hiker. But Wednesday’s surprisingly tepid UK inflation data seems to have taken the sting out of those plans: the BoE kept rates at 5.25%, ending a run of 14 consecutive hikes. Now, though, the central bank will be joining its international colleagues in the economic outlook waiting room, where it’ll bite its nails and nervously scan for any fresh data that could dictate its next move. Why should I care? Zooming out: Sterling’s slip ‘n slide. The BoE’s swift one-eighty demonstrates just how quickly economic tides can turn. Spare a thought, too, for foreign exchange traders and deal-seeking vacationers alike, as countries’ shifting economic outlooks have been pulling global currencies in each and every direction. Britain’s sterling has been particularly yo-yo-esque in recent times, and the combination of that cooler-than-expected inflation data and the BoE’s rate pause has already seen the currency hit the skids. Keep that up, and whispers of parity – essentially an equal level with the US dollar – could spark again. The bigger picture: Sticks and stones are useless. The Fed proved that words matter on Wednesday, at least when it comes to interest rates. See, the central bank wants the country to save more and spend less, because that should help bring down rising prices. And by reminding everyone that it might raise rates again, the Fed encourages folk to borrow less and focus on their savings in preparation. So as if by magic (or an acute understanding of human psychology), the mere concept of rate hikes can bring about their intended outcome – possibly without actually needing to follow through. You might also like: [Here are the most (and least) likely paths for the global economy.]( Copy to share story: [/pause-for-effect]( 🙋 [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=Pause For Effect&utm_campaign=daily-global-22-09-2023&utm_source=email) 💬 Quote of the day "To begin, begin." – William Wordsworth (an English Romantic poet) [Tweet this]( 🎯 On Our Radar 1. Doctor AI is ready to see you now. Your DNA could soon reveal everything about [your future health](. 2. Theory will only get you so far in the real world. Here's how to [master options trading](.* 3. The iPhone 15 is here. Find out if it’s [worth the wait]( – and the price tag. 4. Options trading is a big deal in the crypto-sphere. [Find out how to use them]( in your own strategy.* 5. Let’s take a trip to the zoo. Or better yet, [Florida](. When you support our sponsors, you support us. 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