Weekly CEO News from Richard Ingram
March 23, 2024

Today, I spent two hours at the Coconut Creek Spa and Resort in Estero, Florida.My wife, daughter, and brother-in-law went to Epcot. I had a “Day Off.” Photo by Anna Shvets I did “check out”… for a staggering two hours.New

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Image Source: DepositPhotosAfter decades of work, you may be ready to put your credit profile to rest. Who needs credit after they retire?You do—you need credit even after you retire. There are multiple reasons, and we will discuss them right here. Why Credit

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The Fed’s Non-Event EventLast week, we suggested we could see a further correction this week, given some of the weaknesses that had been accruing. Such was the case until Wednesday’s FOMC meeting announcement. While the meeting was largely as expected,

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Interesting Facts and Market DynamicsThe financial markets showcased a myriad of dynamics from March 18 to March 22, underscored by notable gains in certain commodities and indexes, while cryptocurrencies faced significant declines. Within the commodities sector, the Invesco DB Agriculture

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The AUD/JPY pair is currently trading at 98.60, showing a substantial decrease of nearly 1%. Despite this decline, the broader trend continues to show positivity, with bulls maintaining their control. In addition, as the downward movements might be over-extended, the

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This new bull market had its first birthday late last year, and the development we’ve seen as it turned two has been nothing short of remarkable. The rally has broadened out in its second year, showing strong participation as the

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Apple: One of America’s Great CompaniesZacks Rank #3 (Hold) stock Apple (AAPL) stands out as one of the great American companies due to its relentless innovation, iconic design, and unwavering brand loyalty. Apple has consistently set industry standards and reshaped technology landscapes

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Image Source: DepositPhotosThis time Peter tackles Jerome Powell’s speech from Wednesday, in which he announced that the Fed is holding the federal funds rate between 5.25 and 5.5%. He also briefly discusses Bitcoin’s pullback and the media’s lies about Donald Trump. On Powell’s announcement,

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Beta measures a stock’s volatility in comparison to a relevant benchmark. The market, such as the S&P 500 Index, has a beta of 1.0.A beta above 1.0 suggests a stock is more volatile than the broader market, and a beta

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Image Source: DepositPhotosWalmart (WMT) closed the latest trading day at $60.87, indicating a -0.94% change from the previous session’s end. This move lagged the S&P 500’s daily loss of 0.14%. Meanwhile, the Dow experienced a drop of 0.77%, and the

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