Category: economy
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Monk Says… Inflation: what is it & why are The Fed’s always fighting it?
Inflation is when the price of things you normally buy go up over time. So, the end result is that it will cost you more money to buy the same thing today than it did in the past. Here’s an odd illustration: I attended the Fresh Fest concert in 1985. The price of the ticket…
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Monk Says…What’s in a name: The S&P 500
What is the S&P 500 and why do you hear about it every morning as you’re rushing to get out the door? By definition it’s an index that tracks the 500 largest stocks. In lay terms, it’s used to gauge the market temperature. Is the market hot (going up) or is the market cooling (going…
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Monk Says…Administration Change
Administration change = new opportunities (or, How Obama doubled my money) Part 1 of 3 Whenever there is an administration change due to a newly elected President in the U.S., it also opens up opportunities as an investor. The biggest employer in the United States, is the United States. So, it stands to reason that…
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Monk Says…Did you know:You can bet for or against Donald Trump in the stock market?
Truth social is traded on the NASDAQ stock exchange under the symbol: DJT No matter who you decide to vote for, you should exercise your right to vote. But, while the entire planet will be watching to see the fate of the USA & Donald J. Trump, those in the know will also be watching…