Advise Financial

5 errores que comenten al contratar a un asesor financiero
Los 5 errores más comunes al contratar a un asesor financiero
2 de February de 2024
Noticias Financieras – UP2DATE News de Advise Financial
8 de February de 2024
5 errores que comenten al contratar a un asesor financiero
Los 5 errores más comunes al contratar a un asesor financiero
2 de February de 2024
Noticias Financieras – UP2DATE News de Advise Financial
8 de February de 2024

Financial News – UP2DATE News from Advise Financial

In UP2DATE News you will find the main Financial and Economic News for the week ending February 8, 2024.


Credit card debt reaches $1.13 trillion

Credit card debt hits record $1.13 trillion, young adults falling behind as savings dry up due to inflation. Delinquency rates jump, especially among millennials.

Source: CNBC

Fed policymakers signal no rush to cut rates

FED Policymakers prefers to hold off on rate cuts despite easing inflation, waiting for stronger confirmation. They prioritize gradual reduction later in 2024, citing caution.

Source: Reuters

Mortgage rates jump back over 7%

30-year mortgage rates hit 7.04%, highest since December. Wild ride since summer when it reaches 20-year high of 8% in October before start falling.

Source: CNBC

IMF Warns on AI: 40% of Jobs Impacted

A new analysis by the International Monetary Fund (IMF) reveals AI's significant impact on the global job market, potentially affecting nearly 40% of positions.

Source: Bloomberg

US weekly jobless claims stay low

US jobless claims unexpectedly drop (218,000), despite tech layoffs. Suggesting a strong labor market and delaying potential interest rate cuts.

Source: Reuters

US trade deficit rises marginally

Trade gap slightly wider in Dec (+$0.5B), but 2023 sees a record 18.7% decline to $773.4B thanks to soaring exports (+1.5%) & falling imports (+1.3%).

Source: Reuters

Note: does not represent advice or offer of services, only for educational purposes.

Alonso Rodríguez Segarra
Alonso Rodríguez Segarra
Founder & CEO Advise Financial advise-financial.com Alonso Rodriguez Segarra is a “CERTIFIED FINANCIAL PLANNER™” named by Investopedia among the Top 100 Financial Advisors in the USA  with more than 20 years of experience. His specialty is helping those people who want to plan for their retirement or optimize their retirement, with Hourly Financial Planning always looking for the best for his clients, under fiduciary criteria.

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