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Boosting Your Financial IQ

The Boosting Your Financial IQ podcast deconstructs accounting and financial concepts to provide listeners with a holistic understanding of how money works and how to create more value. The host, Steve Coughran, brings his wealth of experience working as a business owner, management consultant, and CFO to share examples, stories, and analogies that deepen business acumen and build skills related to financial literacy. Boosting Your Financial IQ centers in on financial and accounting topics that will empower you to identify value drivers and boost financial performance. Whether you are new to finance or a seasoned professional, this fresh podcast will equip you with real-life financial knowledge that will enable you to speak the language of money. Visit www.byfiq.com to learn more.

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Boosting Your Financial IQ

Financial and Economic News: October 25, 2023

October 25, 2023 • Steve Coughran

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Major stories developing on the global economic front, including:

Stock Watch
Treasury Bond Yields
The Future of Money Managers
Auto-Loan Delinquencies
Jamie Dimon Calls Out Central Banks

FinWeekly is breaking down key financial stories developing right now: Don’t miss our discussion! This week, Wall Street experienced some turbulence with the S&P 500 enduring its longest five-day slide this year, likely attributable to the Federal Reserve's impending interest rate hikes and increased government bond sales. Plus, 10-year Treasury yield also crossed the 5% threshold for the first time in 16 years, reflecting the Fed's shift towards higher interest rates to combat inflation. Meanwhile, the asset management industry, overseeing $100 trillion, faces challenges with significant fund outflows and a potential end to a lengthy bull market. Ouch! Plus, more tough times for consumers as rising interest rates are causing delinquencies on auto loans to soar, impacting a majority of American car owners. And to cap it all off, Jamie Dimon, CEO of JPMorgan Chase, criticized central banks for their recent forecasting errors, urging caution about the economic outlook. Lastly, BlackRock reenters the target-date investing arena with a twist, introducing a range of 10 ETFs that adjust investments as investors age, filling a crucial gap in the market. Read it now!

Here's how to get started with Boosting Your Financial IQ:

Step 1: Test your financial IQ for FREE
Step 2: Download the FREE app
Step 3: Take the Fundamentals of Finance course

Disclaimer:
BYFIQ, LLC is a wholly owned entity of Coltivar Group, LLC. The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.

This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.byfiq.com/terms-and-privacy-policy for additional important information.

Want to see if you’re a fit for our KPI Kickoff? Check it out here: https://www.coltivar.com/boost

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