Q2 Earnings Season Understanding Money Markets
b"In this episode of the Planned Solutions Incorporated Podcast, The S& P 500 earnings season is right around the corner. This could be a key earnings season for the stock market following the sharp rebound in earnings reported in the first quarter. Should earnings continue to rebound, and possibly exceed their peak from the fourth quarter of 2021, it may support the stock market rally that began in October 2021. The key sectors will likely be financials and technology given their large contributions to S& P 500 earnings.\\n\\nAlso, All money market accounts are not equivalent to each other. This is especially true when comparing bank money market deposit accounts with investment money market funds. For example, bank money market accounts are typically FDIC insured whereas investment money market funds are not. This does create an additional risk that savers should be aware of when choosing where to hold their savings.\\n\\nAnd, Higher mortgage rates have made homeownership less affordable in the US. However, despite a 66% increase in mortgage rates and a 33% increase in the mortgage payment required for the median home, the increase only represents 5% of the median household income. However, the amount of income required to\\nqualify for a mortgage on the median home value has increased by 33% which will make it more difficult for borrowers to qualify for a loan.\\n\\nPlus a look at the Planned Solutions Incorporated Office Bulletin Board- All of us at Planned Solutions would hope you had an enjoyable, safe, and happy Fourth of July holiday as we celebrated the anniversary of the original thirteen colonies' Declaration of Independence from Britain. For those looking to expand their historical knowledge of the American Revolution, we would recommend the book Rebels at Sea, Privateering in the American Revolution. The book highlights the importance of individual investors and private sailors in supporting the revolutionary army and supplying the nation with the goods needed to maintain commerce and limit shortages while the nation\\u2019s largest cities were under occupation. It shows how so many individuals contributed to the revolution and the importance of economic victories in addition to\\nthose won on the battlefield. The book also highlights how many individuals became wealthy through sponsoring privateers during the war and was then an important source of investment funds for economic development and to support the nearly bankrupt Congress after the war ended.\\n\\nChase Armer's book- Financial Planning Insights is now available at:\\nhttps://www.amazon.com/Financial-Planning-Insights-Decades-Planner/dp/1098306279?ref_=ast_author_mpb\\n\\nTo subscribe to the Personal Finance Review (the written form of all the content we discuss on the podcast) please e-mail Katie@PlannedSolutions.com\\n\\nThe Personal Finance Review is published and distributed biweekly by Planned Solutions, Inc. for informational purposes only. Please seek the advice of a qualified financial planner before taking any action.\\n\\nPlanned Solutions, Inc."