We hope your Fall is off to a great start! Below are selected articles from the month of September. Happy reading!
- Fed Holds Interest Rates Steady – for Now. Read Article The US Federal Reserve keeps its key interest rate at 5.25%-5.5%, debating further action to control inflation. Economic challenges complicate policy decisions.
- America’s Biggest Landlords Can’t Find Houses to Buy Either. Read Article Wall Street rental giants face hurdles in buying homes due to high costs and limited supply, hindering growth. Renting remains cost-effective amid soaring home prices.
- Remember When NFTs Sold for Millions of Dollars? Read Article A recent study found that over 95% of 73,257 NFT collections have zero market value in ether, signaling a decline in the NFT market after the 2021-2022 hype.
- Nobody Has Figured Out Return to Office, but Asia is Winning the Battle. Read Article Asia and Europe are doing better at getting people back in the office than the US. Office occupancy rates show Asia at 79%, Europe at 75%, and America at 49%.
- Investors Keep Putting Money into Private Credit. Read Article Alternative asset funds are drawing increasing investment despite concerns about rising interest rates. Some funds report reduced redemption requests, and wealthy individuals and institutions remain active investors. This trend has boosted the shares of fund managers.
- The Fed’s Next Challenge: $100 Oil. Read Article Rising oil prices, driven by supply cuts from Saudi Arabia and Russia, challenge central banks’ efforts to control inflation and may lead to higher interest rates, impacting various sectors.
- A Tax Break Worth the Hassles. Read Article Seniors can benefit from tax breaks by using Qualified Charitable Distributions (QCDs) from their IRAs, avoiding taxable income, and lowering Medicare surcharges. However, the process can be complex and requires careful planning.
As always, please reach out with any questions or if we can be a resource to you.
Warm regards,
Tyler Anderson, CFP®
President
Mint Hill Wealth Management
Securities and advisory services offered through Ausdal Financial Partners, Inc. Member FINRA/SIPC. 5187 Utica Ridge Rd, Davenport, IA. 52807. 563‐326‐2064. Mint Hill Wealth Management LLC and Ausdal Financial Partners, Inc. are separately owned and operated. Ausdal Financial Partners, Inc is an investment adviser in Davenport, IA. Ausdal Financial Partners, Inc is registered with the Securities and Exchange Commission (SEC). Registration of an investment adviser does not imply any specific level of skill or training and does not constitute an endorsement of the firm by the Commission. Ausdal Financial Partners, Inc only transacts business in states in which it is properly registered or is excluded or exempted from registration. A copy of Ausdal Financial Partners current written disclosure brochure filed with the SEC which discusses among other things, Ausdal Financial Partners business practices, services and fees, is available through the SEC’s website at: www.adviserinfo.sec.gov. Please note, the information provided in this document is for informational purposes only and investors should determine for themselves whether a particular service or product is suitable for their investment needs. Please refer to the disclosure and offering documents for further information concerning specific products or services. Nothing provided in this document constitutes tax advice. Individuals should seek the advice of their own tax advisor for specific information regarding tax consequences of investments. Investments in securities entail risk and are not suitable for all investors. This site is not a recommendation nor an offer to sell (or solicitation of an offer to buy) securities in the United States or in any other jurisdiction. This document may contain forward-looking statements relating to the objectives, opportunities, and the future performance of the U.S. market generally. Forward-looking statements may be identified by the use of such words as; “believe,” “expect,” “anticipate,” “should,” “planned,” “estimated,” “potential” and other similar terms. Examples of forward-looking statements include, but are not limited to, estimates with respect to financial condition, results of operations, and success or lack of success of any particular investment strategy. All are subject to various factors, including, but not limited to general and local economic conditions, changing levels of competition within certain industries and markets, changes in interest rates, changes in legislation or regulation, and other economic, competitive, governmental, regulatory and technological factors affecting a portfolio’s operations that could cause actual results to differ materially from projected results. Such statements are forward-looking in nature and involve a number of known and unknown risks, uncertainties and other factors, and accordingly, actual results may differ materially from those reflected or contemplated in such forward-looking statements. Prospective investors are cautioned not to place undue reliance on any forward-looking statements or examples. None of Ausdal Financial Partners or any of its affiliates or principals nor any other individual or entity assumes any obligation to update any forward-looking statements as a result of new information, subsequent events or any other circumstances. Tax and estate planning should not be construed as legal or accounting advice. Please consult with your tax advisor and/ or attorney. All statements made herein speak only as of the date that they were made.