📈 The US Debt Clock is Ticking

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Let's dive right in, shall we? So, the U.S. Congress is playing a game of beat the clock as they race against time to raise that pesky debt ceiling before the money well dries up by June 1. Tick-tock, guys!

Nintendo took a little dip in both profit and revenue, thanks to a bit of a slowdown in sales of their Switch console. Lastly, we've got Disney stock taking a magic carpet ride with a fabulous 19% rise in 2023. Talk about magic! If you're feeling the Disney hype, now might just be the perfect moment to jump on the Disney stock train.

Let’s take a look 👇️ 

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Markets

Stocks fall as focus turns to debt ceiling and inflation data (4 minute read)
Stocks took a bit of a dip on Tuesday. Why? Well, investors were all ears for updates on a meeting between President Biden and House Speaker Kevin McCarthy - They were gabbing about the debt ceiling. You see, the U.S. Congress has a bit of a time crunch to raise that debt ceiling before the money well runs dry around June 1. Yikes! As if that's not enough, almost half of the banks in the good ol' US of A are getting stingier with their lending. If companies can't get their hands on loans, they might have to cut back on their investments, which could put a damper on the economic growth parade.

All You Need to Know About the Debt Ceiling (6 minute read)
Let's talk about the infamous debt ceiling! It's like a financial boundary that Uncle Sam has to stay within when it comes to borrowing money to cover its expenses. Normally, there's some grumbling and bickering when it's time to renew this limit, but the politicians usually figure things out. However, this year, things are a bit up in the air. You see, the federal government spends more than it rakes in through taxes, so it's gotta borrow moolah to fund stuff like paying the military, federal employees, and Social Security. Congress holds the purse strings and sets the limit on borrowing (the debt ceiling), which currently stands at a whopping $31.4 trillion. That's a whole lot of zeros.

Investing

Nintendo Switch sales plunge 22% and the gaming giant expects further declines (5 minute read)
Nintendo reported a dip in both profit and revenue for their fiscal year, and it's all because of a slowdown in sales of their beloved Switch console. They managed to sell around 17.97 million units, pretty close to their own prediction of 18 million units. Nintendo blamed those pesky semiconductor shortages and other component hiccups that cramped their production mojo until the end of summer. And to top it off, they didn't have the same festive sales explosion they enjoyed the previous year.

Where Will Disney Stock Be in 3 Years? (5 minute read)
It's been a wild ride for Walt Disney (DIS) since the pandemic started, with challenges popping up left and right. First, their parks took a nosedive, but they've made a heroic comeback and are back to being the growth powerhouses we know and love. Streaming, on the other hand, is still a baby, causing some hefty operational losses but is expected to bring in steady profits next year. Disney stock is on a roll, up about 19% in 2023, leaving the market in the dust. So, if you're feeling adventurous, now might just be the perfect time to hop on the Disney stock train and take a ride to potential profits.

The 7 Best Swing Trading Books in 2023 (12 minute read)
If you're ready to ride the roller coaster of short-term price swings in the stock market and make some sweet moolah, I've got good news for you. There's a treasure trove of swing trading books out there that can guide you on this thrilling journey to becoming a successful investor. We're talking beginner-friendly guides, as well as advanced strategies that'll make your head spin (in a good way, of course). These books spill the beans on technical analysis and risk management, giving you the secret sauce to conquer the swing trading game at any level. So whether you're a newbie ready to take the plunge or a seasoned pro looking to level up, these books are your ticket to swing trading success.

Money

13 Toxic Investments You Should Avoid (5 minute read)
Oh boy, toxic investments, they're like the rotten apples in the financial world, causing trouble left and right. Remember the 2008 crisis? Those sneaky investments were lurking everywhere, even pouncing on well-respected stocks like AIG, turning them into dumpster fires. It was so bad, the government had to swoop in and save the day. And guess what? We're facing another rollercoaster with the pandemic recession and inflation drama, making toxic investments the talk of the town once again.

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