Morning Market Download from Invincible Money

Personal finance + economics + markets

Staying on top of the markets, economics and the global issues that affect your money takes a lot of time and effort. We distill it down to a quick 5 minute read to help you make better money decisions.

How to Deal with Long-Term High InflationIf the late 70's and early 80's are any indication, higher inflation will be with us for many years to come, especially with the recent bank failure making it tougher for the Fed to raise rates as aggressively. It took Paul Volker around 15 years to bring inflation down to the 2% target level. In fact, some economists are now saying the U.S. should target 4% to be more realistic.

If you're planning for financial independence or early retirement, use high inflation to your benefit and don't let it eat away at your money.

So with higher inflation, where is the best place to invest? Let's cover some of the investments that do best when inflation is high.

TL:DR - invest in assets that will appreciate like stocks, real estate and commodities.

For more details watch the YouTube video here.

Banking's Ongoing RescueJP Morgan's Jamie Dimon is making a second attempt to salvage First Republic. Last week Dimon's bank lead 10 other banks to inject $30 billion in deposits. They're now working on a plan to convert those deposits to capital to shore up the bank.

Pay Transparency Catching OnApplying for a job and having only a vague idea of the pay may be coming to an end after several states, including New York, California and Washington are making employers state the compensation on the job listing. Jobs with salary information on the listing are up to 43%.

Amazon Laying off 9,000Every week we hear of more companies, largely in tech, laying off employees. The Fed likes to see this as it's a sign that economy is slowing down, which helps bring down inflation. Amazon laid off 18,000 in January. Meta announced another 10,000 last week on top of the 11,000 they laid off at the end of last year.

Housing Prices Fall In First Time in 11 YearsThe long-term trend of housing appreciation came to stop last month, largely due to higher interest rates making new housing less affordable. Prices were down 0.2% from February 2022 to February 2023. Maybe these lower prices will get more people into the market, especially as rates have come down slightly.

The Fed (Don't Fight Them)Expected to announced a 25 bps point raise tomorrow, even as many are calling for a pause. All eyes on the Fed to see which way they go while also reassuring the public they can contain the banking crisis. The market was up about 1% yesterday so investors much be a bit optimistic.

Be a Better Investor

How to Earn Some Extra Money TodayParticipate in focus groups: Join paid focus groups where you can share your opinions and ideas with market research companies.

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Thanks for reading,

Trajan King