📈 Real Life Succession

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It’s starting to look like we’ve weathered the storm - Goldman Sachs just dropped a bombshell by slashing the chances of a U.S. recession to a mere 25%. The big guns of the EV world are joining forces. Ford, General Motors, and Tesla have formed an unexpected alliance, deciding to use Tesla's technology as the standard for electric vehicles across America.

If you thought this season of Succession was interesting, we've got some action going on in the world of the Soros Dynasty. George Soros, the mastermind behind a whopping $25 billion empire, is passing on the baton to his son, Alex. Talk about a hand-me-down!

Grab your Venti Caramel Frappuccino with extra whip and let's get into it ☕👇

Markets

The Chances of a 2023 Recession Are Changing Quickly (4 minute read)
Picture this: a bunch of financial experts painting a pretty gloomy picture of the U.S. economy, warning left and right that a recession is on the horizon for 2023 - Until recently when things took a more optimistic turn. Take Goldman Sachs, for example. They did a complete 180 and slashed the chances of a recession to a mere 25%.

Investing

Billionaire George Soros hands control of empire to son Alex (1 minute read)
You thought Succession was good? George Soros, the billionaire extraordinaire, is handing over the reins of his colossal empire to his son, Alexander. Now, here's the kicker: George didn't plan on passing the torch to any of his five kids before. He's giving up control of the Open Society Foundations and the rest of his mind-blowing $25 billion empire to his 37-year-old son, who prefers to go by Alex. Why, you ask? Well, according to the wise old Soros himself, "He's earned it." Talk about a proud dad moment, right?

What Tesla charging partnerships with Ford and GM mean for the EV industry (5 minute read)
Ford, General Motors, and Tesla have teamed up and are shaking things up in the electric vehicle-charging world. Last week, Ford dropped a bombshell by making a deal with Tesla, allowing their EVs to charge at Tesla's stations using a handy adapter, and starting in 2025, Ford is even going to use Tesla's charging technology as the standard for their own EVs! General Motors recently hopped on the bandwagon and announced a nearly identical deal with Tesla!

Money

Americans Aren’t Saving Enough for Retirement — and All Taxpayers Might End up Paying for It (5 minute read)
Alright, folks, we've got a retirement savings predicament on our hands, and it's no laughing matter. Turns out, millions of Americans are slacking off on putting away enough dough for their golden years. According to experts, it's going to come back and bite all of us taxpayers in the behind. This retirement crisis is set to cost taxpayers a jaw-dropping $1.3 trillion by the time 2040 rolls around.

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