January 19th, 2024
the Weekly FIVES Series [3 of 250]: This episode covers macro and market updates, the FIVES challenge, and how the Buckets Tracker for monthly expenses can change your financial future. It’s free, simple, and fun to use. It’s a core piece to the financial freedom framework as we cant allocate to our future until we know what we spend and where we can save.
Here’s a free link to download and print The Bucket Tracker
Macro update:
US Retail Sales is at a current level of 615.33B, up from 611.45B last month and up from 587.26B one year ago. This is a change of 0.63% from last month and 4.78% from one year ago.
US Building Permits MoM is at 1.91%, compared to -2.07% last month and 0.50% last year. This is higher than the long term average of 0.22%. This metric looks ahead and believes lower rates will lead to more demand.
US Housing Starts MoM is at -4.26%, compared to 10.83% last month and -4.91% last year. This is lower than the long term average of 0.32%.
US Initial Claims for Unemployment Insurance is at a current level of 187000.0, down from 203000.0 last week and down from 205000.0 one year ago. This is a change of -7.88% from last week and -8.78% from one year ago.
Market update
Nasdaq: up 2.0% for the week, 3.6% ytd
S&P 500: up .91%, 2% ytd
Russell 2000: down 1.6%, down 3.4% ytd
BTC: – down 2.2%, down 6% ytd
Gold: down just under 1% to 2,029 per oz for the week, down 2.3% ytd
Oil: up .88% for the week, up 2.8% ytd
MAGS: Mag 7: up 2.6% for week, up 6% ytd, (Alphabet, Apple, Amz, Meta, MSFT, NVIDA, Tesla)
If this episode moves you in any way, please share with friends, family, your teenage kids, and tune in next week. Thank you!
Find the Life In Twenty & Weekly FIVES podcast two ways:
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FIVES: Financial Independence Vs. Endless Struggle. No More 9 to 5 until 65.
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