Pepitos
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❖ NEW YORK CITY RENTS GREW SEVEN TIMES FASTER THAN WAGES LAST YEAR, TIGHTENING AFFORDABILITY CRUNCH Since 2019, U.S. rents have grown 30.4%, while wages have grown 20.2%. Rents have outpaced wages in 44 of the 50 largest U.S. metro areas. prnewswire.com/news-releases/…

🚨 Two to zero cuts for 2024: Federal Reserve Bank of Minneapolis President Neel Kashkari Kashkari said it’s likely the central bank will keep interest rates where they are “for an extended period of time” until officials are certain inflation is on track to their target. In an essay published earlier Tuesday, the Minneapolis Fed chief said recent inflation data raise questions about whether monetary policy is restrictive enough to fully return price growth to 2%, the rate policymakers see as the sweet spot in a healthy economy. “The most likely scenario is we sit here for an extended period of time,” he said Tuesday at the Milken Institute Global Conference. “If inflation starts to tick back down or we saw some marked weakening in the labor market then that might cause us to cut back on interest rates.” “Or if we get convinced eventually that inflation is embedded or entrenched now at 3% and that we need to go higher, we would do that if we needed to,” he added. Kashkari, who penciled in two rates cuts for this year when Fed officials met in March, said Tuesday that he’ll forecast anywhere from two to zero cuts for 2024 when officials next meet in June, based on incoming inflation data. More: truflation.com/marketplace/fe… Source: Bloomberg



Let’s say you build a business from scratch and qualify for Biden’s new 25% unrealized gains tax. So you have to sell 25% of your business to pay the tax. But now you have to pay 44.6% cap gains + 13.3% CA on that. So you actually have to sell ~37%. Is this right?





🚨MONDAY MORNING MOTIVATION FROM EX-BITCOIN.COM CEO & @truflation FOUNDER @srust99 ON HOW TO BECOME A SUCCESSFUL ENTREPRENEUR🚨 STEFAN & $TRUF ARE FOCUSED ON "MONOPOLIZING THE NICHE" STAY ON COURSE, ATTACK ONE MAJOR PROBLEM AND MONOPOLIZE IT youtu.be/-UuSF7yt23w?fe…



















