No. of Recommendations: 1
2. We're already seeing lower gas prices at the pump. You can get gas at $2.99/gallon in about half of all states, thanks to falling oil prices.
Today's AAA National Average $3.722 Price as of 10/7/23
https://gasprices.aaa.com/state-gas-price-averages...In my town gas prices are at $3.59 per gallon.
3. Biden administration got drug makers like Eli Lilly to lower insulin prices by 70%. Other expensive drugs prices have also been forced lower, thanks to the Inflation Reduction Act. Good news for seniors.Great on the price of insulin but prices on COPD inhalers and related RX have gone up in price.
4. Inflation running at about 3.7% YoY. Not as good as 2%, but far better than the 8% we had. Have you been grocery shopping of late? Prices are still high and most likely will never come back down. It is the norm now.
5. You can get 5% interest guaranteed in a CD or T-bill. Good news for savers. Cash is no longer trash.Fine if you are cash rich. Most people have had to dip into their savings and their 401k.
Looks like we're in a Goldilocks-type economy, which is why the stock market rallied today. Today? Stock markets could drop on a whim.
"From a sector perspective, leisure and hospitality led with 96,000 new jobs. Other gainers included government (73,000), health care (41,000) and professional, scientific and technical services (29,000)."Leisure and hospitality? They are the low paying jobs, waitress, motel/hotel employees etc.
government jobs? right..more IRS jobs, just what we need.(lol)
Health care and etc? Well, perhaps that will count for something.
