Home Latest Are You On A Fixed Income? You’re In BIG Trouble. Here’s Why.

Are You On A Fixed Income? You’re In BIG Trouble. Here’s Why.

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sourceTheMoneyGPS.com

Those on fixed incomes will have a difficult time. More difficult than it already is. We are seeing how much influence the low interest rates have had and yet the benefits don’t seem to be hitting the majority of people. A small group of individuals have seen their wealth expand to a great degree and we are now at the largest wealth gap in history, with no chance to reverse course. What’s really going on here?

$GPS

FIXED INCOME – POSITIVES:

    • GOVERNMENT WILL LIKELY BOOST SOCIAL ASSISTANCE OF ALL KINDS
    • TAX REBATES FOR THOSE HIT BY UNEMPLOYMENT AND THOSE IN NEED

FIXED INCOME – NEGATIVES:

    • PRICES OF EVERYTHING GOING UP RAPIDLY
    • INFLATION RATE GOVERNMENT USES TO DETERMINE C.O.L.A. IS NOT ACCURATE

Yellen Clarifies Inflation Remark, Sees No Need for Fed to Hike – Bloomberg

https://www.bloomberg.com/news/articles/2021-05-04/yellen-says-spending-jump-could-mean-higher-interest-rates

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US Economic Recovery & Unemployment Data Show Some Are Being Left Behind

https://www.bloomberg.com/graphics/2021-covid-race-and-recovery/

archive

Clorox Plans Price Hike for Glad Products, and More May Follow – Bloomberg

https://www.bloomberg.com/news/articles/2021-04-30/clorox-plans-price-hike-for-glad-products-and-more-may-follow

archive

Kimberly-Clark Announces Price Increases for North American Consumer Products Business | Kimberly-Clark Corporation

Kimberly-Clark Announces Price Increases for North American Consumer Products Business | Kimberly-Clark Corporation

DALLAS, March 31, 2021 /PRNewswire/ — Kimberly-Clark Corporation (NYSE: KMB) announced today that it is notifying customers in the U.S. and Canada of plans to increase net selling prices across a majority of its North America consumer products business. The increases will be implemented almost entirely through changes in list prices and are necessary to help offset significant commodity cost inflation.

These Two Popular Peanut Butters Are About to Skyrocket in Price | Eat This Not That

These Two Popular Peanut Butters Are About to Skyrocket in Price | Eat This Not That

Hold the bread and the jelly – the price you pay at the grocery store for two popular peanut butter brands is about to increase, along with other items. Both Jif and Skippy already are or will be more expensive thanks to previous winter storms, the ongoing pandemic, truck driver shortages, shipping fees and delays, and even the recent block of the Suez Canal by a cargo ship.

Hormel Foods Reports First Quarter Results And Provides Full Year Guidance | Hormel Foods

Hormel Foods Reports First Quarter Results And Provides Full Year Guidance

Record sales driven by growth from all four segments The company previously announced the acquisition of the Planters® snack nuts business Hormel Foods Corporation (NYSE: HRL), a leading global branded food company, today reported results for the first quarter of fiscal 2021. All comparisons are to the first quarter of fiscal 2020 unless otherwise noted.

Procter & Gamble Will Raise Prices in September – WSJ

Procter & Gamble Will Raise Prices in September

Procter & Gamble Co. this fall will start charging more for household staples from diapers to tampons, the latest and biggest consumer-products company to announce price increases. The maker of Gillette razors and Tide detergent cited rising costs for raw materials, such as resin and pulp, and higher expenses to transport goods.

archive

Hershey’s Is Planning To Raise Prices On Its Holiday Candy

Hershey’s Is Already Planning To Raise Prices On Its Holiday Candy This Year

We may only be a month or two past Christmas 2020, but the companies behind your favorite foods are already looking forward to the next holiday season. And while no doubt they are dreaming up all sorts of adorable chocolate Santas and caramel snowflakes, they’re also figuring out what such things will cost.

General Mills eyes net price increase as rising costs squeeze margins, but analysts question execution

General Mills eyes net price increase as rising costs squeeze margins, but analysts question execution

With margins under pressure due to rising commodity and transportation costs, General Mills plans to increase prices going forward, but some investment analysts worry the timing will be off with local economies beginning to reopen and increased competitive pressure at the retail level.

Top 10 Occupations Among Low-Wage Workers, 2018


Number of low-wage workers, by select occupations:


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Tax refunds on $10,200 of unemployment benefits start in May: IRS

Tax refunds on $10,200 of unemployment benefits start in May. Here’s who’ll get them first

Tax refunds on 2020 unemployment benefits are slated to start this month. But some taxpayers – namely, single filers – will get the money sooner than others. It may be summer before other groups, such as married couples and those with complex tax returns, get their refunds, according to the IRS.

Why Sam Zell Bought Gold for the First Time – Bloomberg

https://www.bloomberg.com/news/videos/2021-05-04/why-sam-zell-is-buying-gold-for-the-first-time-video

archive

Biden’s Plan to Spend $4.5 Trillion Without Boosting Deficits Depends on Factors Beyond His Control – WSJ

Biden’s Plan to Spend $4.5 Trillion Without Boosting Deficits Depends on Factors Beyond His Control

WASHINGTON-President Biden’s $1.9 trillion Covid-19 relief package was financed entirely with borrowed money. Now, he is proposing to spend another roughly $4.5 trillion on infrastructure and social programs-without adding to the red ink.

archive

US trade deficit hits record $74.4 billion in March

US trade deficit hits record $74.4 billion in March

WASHINGTON (AP) – The U.S. trade deficit surged to a record $74.4 billion in March as an improving U.S. economy drove purchases of imported foreign goods. The deficit, the gap between what America buys from abroad and what it sells to other countries, was 5.6% greater than the February gap of $70.5 billion, the Commerce Department reported Tuesday.

United States Balance of Trade | 1950-2021 Data | 2022-2023 Forecast | Calendar

United States Balance of Trade | 1950-2021 Data | 2022-2023 Forecast | Calendar

The trade deficit in the US widened to a new record of USD 74.4 billion in March 2021, from a revised USD 70.5 billion in the previous month and compared with market expectations of a USD 74.5 billion gap. Imports jumped 6.3 percent to an all-time high as the domestic demand consolidated its recovery amid re-opening efforts.

Canada Balance of Trade | 1971-2021 Data | 2022-2023 Forecast | Calendar | Historical

Canada Balance of Trade | 1971-2021 Data | 2022-2023 Forecast | Calendar | Historical

Canada posted a trade gap of CAD 1.14 billion in March of 2021 compared to an upwardly revised surplus of CAD 1.42 billion in the prior month and against market expectations of a CAD 0.7 billion surplus. It was the first trade shortfall following two consecutive monthly trade surpluses.

Biden Quietly Preparing for Food Stamp Increase Without Congress – Bloomberg

https://www.bloomberg.com/news/articles/2021-05-02/biden-quietly-preparing-for-food-stamp-increase-without-congress

archive

Pandemic-led decline of U.S. cities may be reversing

Pandemic-led decline of U.S. cities may be reversing

By Howard Schneider WASHINGTON, May 4 (Reuters) – Fears that U.S. cities would be emptied by the coronavirus pandemic are giving way to potential signs of revival, according to a series of analyses that suggest any dislocation from the last year will prove temporary. Some data suggest a return is already underway.


Fixed income, those on pensions, people who rely on income from government, social security. The financial system is always changing. Money comes in and goes out. More investment is certain funds or sectors and then it flows to another. More cash and debt is expected. Cheap money is coming very easily these days.


— APPENDICES —

— The Money GPS: Swaggystocks.com is an interesting look at retail trading. Cut through all the nonsense and simply look at the data (Instagram Feb 21, 2021)
— The Money GPS: Swaggystocks.com shows you exactly what’s going on with the retail traders. Ignore the garbage on the actual boards and just get the data (Instagram Feb 21, 2021)
— The Money GPS: Bitcoin $240,000? (Instagram Feb 17, 2021)
— The Money GPS: TOP 2 TRADES FOR 2021 (Instagram Feb 15, 2021)
— The Money GPS: Commodities for 2021 — Boom or bust? (Instagram Feb 14, 2021)
— The Money GPS: Leave your emotions at the door investing is strictly business (Instagram Feb 13, 2021)
— The Money GPS: Clubhouse. Get in the app because I’m planning on going live daily. (Instagram Feb 13, 2021)
— The Money GPS: Brandon Dawson. One guy to watch out for as an investor to see what he’s doing and compare. (Instagram Feb 12, 2021)
— The Money GPS: REAL Unemployment Rate 10% (Instagram Feb 11, 2021)
— The Money GPS: Zoom out and see what you’re doing objectively (Instagram Feb 7, 2021)
— The Money GPS: SPAC IPO trend getting out of hand (Instagram Feb 6, 2021)
— The Money GPS: Citadel made lots of money from the retail traders (Instagram Feb 5, 2021)
— The Money GPS: Oil, commodities rising. Price will impact consumers. (Instagram Feb 5, 2021)
— The Money GPS: GME and AMC attracted many buyers. Illiquid stocks/micro cap stocks are now trendy. Be careful. (Instagram Feb 4, 2021)
— The Money GPS: Silver rockets higher (Instagram Feb 2, 2021)
— The Money GPS: Silver squeeze next? (Instagram Jan 31, 2021)
— The Money GPS: ETF loses 80% of assets! (Instagram Jan 31, 2021)
— The Money GPS: The Fed will not pop the bubble (Instagram Jan 30, 2021)
— The Money GPS: Wall Street Bets on Reddit is adding millions of people. Retail traders needed to keep the prices going higher. (Instagram Jan 30, 2021)
— The Money GPS: Jim Cramer says don’t go for grand slam. What do you think? (Instagram Jan 29, 2021)
— The Money GPS: Robinhood caps hot stocks like #gme to 1 share! (Instagram Jan 29, 2021)archive
— The Money GPS: STOCK MARKET TUMBLES as GME soars (Instagram Jan 29, 2021)
— The Money GPS: Find a company you thought was no longer in business, buy some shares, get rich quick. Is that what’s seriously happening right now?! (Instagram Jan 29, 2021)
— The Money GPS: Hedge your bets like @mcuban ? (Instagram Jan 28, 2021)
— The Money GPS: Fed won’t pull the plug right? (Instagram Jan 25, 2021)
— The Money GPS: Delaying the inevitable pain. (Instagram Jan 25, 2021)
— The Money GPS: Money flooding into stocks (Instagram Jan 24, 2021)
— The Money GPS: 2 ears, 1 mouth — use in that ratio. (Instagram Jan 23, 2021)
— The Money GPS: Buy the biggest shorts? (Instagram Jan 23, 2021)
— The Money GPS: Investing legend says bad things are coming because paper printing does not create an economy. (Instagram Jan 22, 2021)
— The Money GPS: The purpose of big tech is to absorb your data. Not to provide a service and later take advantage of you. Look up In Q Tel. (Instagram Jan 21, 2021)
— The Money GPS: Moving south? (Instagram Jan 21, 2021)
— The Money GPS: Bitcoin going higher? (Instagram Jan 20, 2021)
— The Money GPS: Janet Yellen will you go “big”? (Instagram Jan 19, 2021)
— The Money GPS: Time to move? (Instagram Jan 19, 2021)
— The Money GPS: Never stop (Instagram Jan 18, 2021)
— The Money GPS: Invest in yourself first (Instagram Jan 18, 2021)
— The Money GPS: BITCOIN HITS $40,000 (Instagram Jan 7, 2021)
— The Money GPS: To get where you want to be, you have to know where you are now. (Instagram Jan 4, 2021)
— The Money GPS: Aim Higher (Instagram Dec 17, 2020)
— The Money GPS: Never lose money (Instagram Dec 16, 2020)
— The Money GPS: Master one thing before moving on. Know where you are in the cycle. (Instagram Dec 15, 2020)
— The Money GPS: Be a better investor | How to be a better investor. Window shop! (Instagram Dec 12, 2020)

— FOOTNOTES —

The Money GPS on Twitter: “Wake up to the suits and ties. They’re all lying to you. None are your friends. None wish to help you. Wolves in sheep clothing. More distractions than ever before. The magician always makes a spectacle to hide the trick. / Twitter”

Wake up to the suits and ties. They’re all lying to you. None are your friends. None wish to help you. Wolves in sheep clothing. More distractions than ever before. The magician always makes a spectacle to hide the trick.

The Money GPS on Twitter: “BREAKING: “Federal judge overturns national eviction ban”Get ready for more info on this topic. You know that if there are going to be millions more on the street this will be very chaotic, very quickly. pic.twitter.com/9uvF2Svdqd / Twitter”

BREAKING: “Federal judge overturns national eviction ban”Get ready for more info on this topic. You know that if there are going to be millions more on the street this will be very chaotic, very quickly. pic.twitter.com/9uvF2Svdqd

The Money GPS on Twitter: “CHINA SAYS BITCOIN AN “INVESTMENT ALTERNATIVE”. Consider the possibility of a country or central bank dumping 1% of their U.S. Treasuries to buy Bitcoin. If others followed? Not suggesting will happen. I’m just discussing the implications, if any. #crypto pic.twitter.com/JVCnwV2vI2 / Twitter”

CHINA SAYS BITCOIN AN “INVESTMENT ALTERNATIVE”. Consider the possibility of a country or central bank dumping 1% of their U.S. Treasuries to buy Bitcoin. If others followed? Not suggesting will happen. I’m just discussing the implications, if any. #crypto pic.twitter.com/JVCnwV2vI2

The Money GPS on Twitter: “”HIGH RISK” MARKET. So what will be done? Nothing. rates near record lows. “Blind” bidding. Artificially low listing prices purposely used to generate euphoria and overbidding to increase sales commission. This is the biggest and it’s not just pic.twitter.com/vQvu8gGByK / Twitter”

“HIGH RISK” MARKET. So what will be done? Nothing. rates near record lows. “Blind” bidding. Artificially low listing prices purposely used to generate euphoria and overbidding to increase sales commission. This is the biggest and it’s not just pic.twitter.com/vQvu8gGByK

The Money GPS on Twitter: “”Fed Sounds Alarm on Commercial Real Estate, Business Bankruptcy” Nothing to see here folks. Market is doing well. Stimulus is all that matters. The Fed loves us all. Ignore all negative news and hate anyone who highlights that which is clearly a major issue #realestate pic.twitter.com/IRDsy53G5A / Twitter”

“Fed Sounds Alarm on Commercial Real Estate, Business Bankruptcy” Nothing to see here folks. Market is doing well. Stimulus is all that matters. The Fed loves us all. Ignore all negative news and hate anyone who highlights that which is clearly a major issue #realestate pic.twitter.com/IRDsy53G5A

The Money GPS on Twitter: “IF THEY WILL FIGHT OVER PLAYSTATION…What would they do for food? #PlayStation5 #playstation #ps5fight pic.twitter.com/hbimVKzeta / Twitter”

IF THEY WILL FIGHT OVER PLAYSTATION…What would they do for food? #PlayStation5 #playstation #ps5fight pic.twitter.com/hbimVKzeta


PLAYLISTS

The Amazon GPS – Mini YouTube eCourse

The Money GPS – How To and Solutions

The Money GPS Easy eCourse

How To Fix the Economy

How To Fix the Economy – Introduction
How To Fix the Economy – Bailouts
How To Fix the Economy – Food
How To Fix the Economy – Central Bank
How To Fix the Economy – Manufacturing
How To Fix the Economy – Financial Markets
How To Fix the Economy – Media
How To Fix the Economy – Overseas Investment


The Money GPS on Twitter: “Going live on #clubhouse at 11am PST / 2pm EST. Make sure to follow me on there and turn the notification bell on so it will pop up when I start the room. I gave away all the invites I had and will give more away as soon as I get them. pic.twitter.com/kF9UV6euK0 / Twitter”

Going live on #clubhouse at 11am PST / 2pm EST. Make sure to follow me on there and turn the notification bell on so it will pop up when I start the room. I gave away all the invites I had and will give more away as soon as I get them.

— The Money GPS: Clubhouse. Get in the app because I’m planning on going live daily. (Instagram Feb 13, 2021)

The Money GPS on Twitter: “The Money GPS Financial Education 101 coming soon.100% free eCourse for you to learn from but for those who already know the content, this is perfect to share with others. I’m creating this course for people specifically to get the foundation #moneyGPS #financialeducation pic.twitter.com/nzqVVSSorT / Twitter”

The Money GPS Financial Education 101 coming soon.100% free eCourse for you to learn from but for those who already know the content, this is perfect to share with others. I’m creating this course for people specifically to get the foundation #moneyGPS #financialeducation pic.twitter.com/nzqVVSSorT


HOW TO MAKE MONEY ON AMAZON – FREE eCOURSE:  http://TheAmazonGPS.com


LOOK THROUGH MY BOOKS! http://books.themoneygps.com

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MY FAVORITE BOOKS: http://themoneygps.com/books


Sources Used in This Video: http://bit.ly/TheMoneyGPSSources2021


The Money GPS is the most active, most informative channel in the financial world. Day after day, breaking down the data and making it easy to understand. This channel is not here to help build a portfolio, give stock picks, or financial advice. It’s simply data that is generally not found through conventional means.

#socialsecurity #pensionfund #pension

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