Top 7 Economic Predictions To Expect The 2nd Half Of 2022

Things are about to get REAL here in America and across the globe. And I say this not to scare anyone but because I’m a realist.

Most of what is happening is completely out of our hands but the unusual is about to become the norm. I’ll try not to be too opinionated but I will start to share more based on economic trends and published data.

June will be here in a couple of days and here’s what to expect the rest of 2022:

  1. Gas prices will continue to surge higher, and many Americans will be shocked by how high they eventually go.
  2. Food prices will continue to rise.
  3. The Federal Reserve is likely to continue to aggressively raise interest rates.
  4. Higher interest rates will be devastating for the housing market in the United States.
  5. As the economy slows down, we should expect layoffs to increase and jobless claims will eventually start to spike.
  6. Stock prices will continue to fall.
  7. A recession is either already here or will arrive soon. We will see a historic economic meltdown so it’s important to prepare for it mentally and financially.

Data Collected From Here

👉🏾 Remember financial literacy is for EVERYBODY.

Article By Aura Bea Carter

Get Your Finances On Track With This Workbook

7 Money Rules To Never Break

It’s #4 and #5 for me. If you are at a point in your life where you feel stuck use the many resources around you to get out of your situation:

• The Library
• Book Stores
• The Internet (Financial Blogs/YouTube)
• Social Media Money Profiles
• Seminars

As an adult you have two choices; to complain about how your life isn’t going, or to make the active changes needed to place you in the position that you want to be in.

Article By Aura Bea Carter

The Only 3 Things You Need To Start Investing

As you begin learning about finances you will see that the techniques to start making money are pretty much the same.

Now, people create their own rules, use their own methods but overall you are not doing anything much different from people earning more money than you.

You just have to decide one day that you want to develop the skills to be successful.

Join Robinhood with my link and we’ll both pick our own free stock 🤝 https://join.robinhood.com/kadeshc-cc2017

Open a crypto account here: https://coinbase.com/join/carter_uk9?src=ios-link

Best Regards,

Aura Of Wealth

Facebook Loses Users Plummeting $200BN: CEO Zuckerberg Blames TikTok

Facebook lost daily users for the first time in its 18-year history. CEO Mark Zuckerberg believes Facebook’s decline in users is likely due to the boom in popularity of the competitor platform TikTok.

Facebook lost daily users for the first time in its 18-year history in the final quarter of 2021, which CEO Mark Zuckerberg believes was caused by the TikTok boom.

The social media giant’s devastating earnings report on Wednesday sent Facebook shares plunging more than 20 percent, wiping more than $200 billion off the company’s market cap and erasing $29 billion from Zuckerberg’s net worth.

Facebook reported a drop of nearly 500,000 in daily logins during the last three months of 2021. 

‘People have a lot of choices for how they want to spend their time, and apps like TikTok are growing very quickly,’ Zuckerberg said during an earnings call Wednesday, according to the Washington Post.

Zuckerberg reiterated that Meta – the company that owns Facebook, Instagram and WhatsApp – is pushing hard to develop its short-form video Reels in an effort to compete with TikTok.

‘This is why our focus on Reels is so important over the long term,’ he added.

Facebook, which now only has 1.93 billion users logging in each day, also saw its shares plunged more than 20 percent in extended trading on Wednesday after unexpectedly heavy spending on its Metaverse project led to a rare decline in its fourth quarter profit.

Meta saw its stock fall 22.6 percent to $249.90 in after-hours trading, wiping about $200 billion off the company’s market value.

The company heavily invested in its Reality Labs segment – which includes its virtual reality headsets and augmented reality technology – during the final quarter of 2021, accounting for much of the profit decline.

Zuckerberg, who is worth approximately $107 billion, held more than 398 million shares of Meta at the end of 2020, according to Investopedia. Based on his reported holdings, the CEO personally experienced a more than $29 billion loss when the company’s stock fell Wednesday.

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8 Movies Every Entrepreneur Should Watch for Inspiration

Whatever phase you are at in your entrepreneurial journey, there’s a lot you can acquire a knowledge of from these money motivated movies.

1. The Social Network tells the story of how Mark Zuckerberg started Facebook while studying at Harvard and how he was later sued by two brothers who stated he stole their idea, and his best friend who was ousted from the company.


2. Startup.com tells the story about the rise and fall of internet companies during the dotcom bubble. Startup.com is a documentary film that follows the story of GovWorks, a promising startup that failed spectacularly because of mismanagement and internal power struggles.


3. Wall Street tells the story of ambition and greed, portrayed brilliantly by Charlie Sheen and Michael Douglas respectively. The main protagonist, Bud Fox, idolizes Gekko and gets carried away by his glamorous lifestyle, only to get entangled in the vicious web of insider trading.


4. The Big Short tells three separate but parallel stories of individuals who were able to predict and profit from the American financial crisis of 2007-08.


5. Boiler Room takes a look at stock broking through the eyes of a man who is trying to get rich quick. This movie depicts what happens when brokers get a little too carried away with their status and access.


6. Fyre festival was supposed to be the greatest music festival ever. Organized by Billy McFarland and rapper Ja Rule, the “luxury music festival” was promoted on Instagram by celebrities and social media influencers, including Kendall Jenner, Bella Hadid, and Emily Ratajkowski. The only problem? It was all a scam, devised by MacFarland who had a history of starting up fraudulent business ventures.


7. The Founder is a biopic of the American fast-food tycoon Ray Kroc. Starring Michael Keaton, the movie tells the story of his creation of McDonald’s fast-food restaurant chain, which became the biggest restaurant business in the world. It also stars Nick Offerman and John Carroll Lynch who play the McDonald brothers, the original founders of McDonald’s.


8. The Pursuit of Happyness is a true story based on the life of entrepreneur Chris Gardner’s nearly one-year struggle of being homeless with his son while going through a grueling 6-month unpaid internship as a stockbroker. Will Smith’s portrayal of Gardner earned him an Oscar nomination.

Article Inspired By: 21 Movies Every Entrepreneur Should Watch For Inspiration


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