Good morning,
Markets bounced back this week. SpaceX raised $75 billion in the biggest IPO in history - closing up 19% on day one at $161 a share. Inflation came in at 4.2% but core actually cooled. Oil slipped to $85 on Iran peace hopes.
And tomorrow, Kevin Warsh chairs his first Fed meeting. Every word he says at 2:30 PM Wednesday will move mortgage rates, savings yields, and bond prices for the next several months.
This week's Prosperity Report breaks it all down.
The Bounce Back. SpaceX Goes Public. Warsh Day.
Markets recover - S&P back to 7,431, Dow above 51,200
SpaceX: $75B raised, $2 trillion valuation, biggest IPO ever - what it means for your portfolio
CPI at 4.2% - but core cooled to 2.9% - the good news hiding inside the bad number
Warsh's first Fed press conference is tomorrow - here is what to listen for
Oil falls to $85 on Iran peace hopes - and what that could mean for your gas bill
Click the link below.
As always - plan with purpose. Prosper with confidence.
Emmanuel S. Desmolieres, CLTC®
Founder, Planning & Prospering
P.S. If you know someone whose retirement accounts took a hit this week and they are wondering what it means - forward them this link. That is exactly who this report is built for.