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The Countdown to Rate Cuts: The Fed's Next Big Move on Interest Rates!
Elevate Insights
August 26, 2024
Happy Monday everyone! Recent news of a potential rate cut potentially soon from the Federal Reserve keeps making headlines, but is that all just buzzwords? More on this later in the Weekly Topic
The Tingler
In other news, McDonalds to invest $1.3 billion in the U.K. and Ireland over the next four years. TD Bank reserves $2.6 billion for potential U.S. anti-money laundering fines. Peloton has been having record highs because of sales growth.
⤵️ In this week’s insight:
Weekly Highlights
Yes, You Can Be an Entrepreneur Too | Saamra Mekuria-Grillo | TED
Digital Tool of the Week
A Comprehensive Local Google Maps SEO Tool
Weekly Topic
The Fed's Next Big Move on Interest Rates!
✪ This Week’s Sponsor
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🗣 Quote of the Week
“If you do build a great experience, customers tell each other about that. Word of mouth is very powerful.”
🔎 Weekly Highlights
This week’s highlight is from Saamra Mekuria-Grillo
Summary
Saamra Mekuria-Grillo discovered her entrepreneurial spirit at age 39, despite initial doubts, and made it her mission to empower individuals of all backgrounds to embrace entrepreneurship.
As a black woman, she faced self-doubt but found inspiration from fellow black female entrepreneurs, advocating for diversifying entrepreneurship pathways and changing narratives for young black entrepreneurs.
Saamra highlights the importance of social capital and believes that by offering identity-affirming role models and emphasizing social capital, young people can transition from curiosity to empowerment in entrepreneurship.
💸 Assets & Commodities
Minor Change: Previously it only showed market close but I have changed it to show the year-to-date (YTD) data.
📬 Weekly Trivia
The Simpsons - How the Test Was Won [S20E11]
Q. What is the term for a market in which prices are falling and widespread pessimism causes the negative sentiment to be self-sustaining?
The trivia answer is at the bottom of this week’s insight
🔗 Elevate Sphere
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ITS FINALLY OUT
