💰 3 guaranteed income strategies for an uncertain economy

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Markets

Tesla Stock Move Lower As Elon Musk Considers CEO Succession PlanTesla (TSLA) shares slipped lower Thursday after court testimony in a lawsuit liked to a pay deal agreed with CEO Elon Musk indicated a potential successor has been identified to eventually lead the electric vehicle maker. Tesla has identified, but not named, the person they expect will lead the carmaker should billionaire Elon Musk step down from his role as CEO.

These currencies have tanked this year — and one is down over 75% against the dollarForeign exchange markets have endured a rocky ride in 2022, but in some countries, a combination of geopolitical pressures and central bank missteps has pushed currencies into a “death spiral.” A stronger dollar over the course of the year, as investors flocked toward the traditional “safe haven” amid the deluge of geopolitical and macroeconomic shocks, has weighed heavily on many emerging market currencies.

Bill Ackman says Fed will fail to hit 2% inflation target, keeping stocks under pressure (3 minute read)Billionaire hedge fund manager Bill Ackman has been urging the Federal Reserve to get serious on inflation since late last year. Now, he has doubts about the U.S. central bank’s ability to bring price stability down to its target. And thinks stock prices could remain under pressure as rates stay high amid this new environment.

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Investing

3 guaranteed-income strategies for an uncertain economy (5 minute read)Investors are clamoring for guaranteed-income strategies this year primarily due to an uncertain stock market and spiraling inflation. All due respect to founding father Benjamin Franklin and his Almanack-writing alter ego “Poor Richard,” but there are some certainties in this world other than “death and taxes.” And believe it or not, they can be found emanating from Wall Street and Washington, D.C.

The Era of the Bond ETF Has Finally Arrived (4 minute read)The inflationary tremors shaking Wall Street all year are causing big changes to fixed-income capital flows that could ultimately end up disrupting the money-management industry over the long haul. Years after ETFs triggered a multi-trillion-dollar revolution in stock trading, bond investors are playing catch-up -- liquidating cash from mutual funds and loading up on exchange-traded strategies at an unprecedented rate.

The bond that broke the internet (7 minute read)Last week I saw a headline that stopped me in my tracks: Lowly T-Bills are Suddenly Sexy. Yes, Treasury Bills! I have never — in more than 15 years of covering business and economics — ever seen the words "sexy" and 'Treasury bills' in the same sentence. And for good reason. In the world of investments, Treasury bills would never be considered the sexy ones. That would be tech stocks, crypto or maybe NFTs. Treasury bills would be the ones wearing sensible shoes, driving under the speed limit and shopping at Costco.

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Money

Income & Happiness: A Double-Edged Sword (8 minute read)Most people look at those with a high income and figure that they must be happier for it. The higher, the happier. That usually accompanies the implication that if they personally made more income, then they would also be happier. In the preceding posts, we explored how earning more has diminishing returns for spending and how we can choose to walk a happier path rather than running on the hedonic treadmill.

5 Scary Money Facts And Statistics (4 minute read)In light of this spooky season, we’re sharing some of the scariest money scenarios that could happen to you. But no need to run screaming, we give you a few recommendations to help you if you’re ever caught in any of these situations.

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