Lakeshore Wealth Advisors, LLC

The Federal Reserve cut rates by 0.25%, bringing the target range to 4.25-4.5%. While markets anticipated this move, what's particularly interesting is the Fed's signal of fewer rate cuts ahead than previously expected. A few key takeaways from Chair Powell's announcement: - The Fed has now reduced rates by a full percentage point from peak levels - Economic growth projections for the year were actually raised to 2.5% - Only two more cuts are expected in 2025, half of what was projected in September As we look ahead to 2025, the Fed's cautious approach to future rate reductions suggests a continued focus on balanced economic growth and price stability. 💫 #FederalReserve #Economy #Financial #Investing https://lnkd.in/g3TVBrkP

Stocks were under pressure last week as the Fed Chair's hawkish comments unsettled investors ahead of the holiday season. The Dow Jones Industrial Average received the hardest hit, falling 2.25 percent. The Standard & Poor’s 500 Index...

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Stocks finished the week mixed, bookending losses around midweek gains as investors digested fresh inflation data. The Standard & Poor’s 500 Index slipped 0.64 percent, while the Nasdaq Composite Index ticked up 0.34 percent. The Dow...

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🌌 NASA's Voyager 1, now 15.4 billion miles from Earth, is back online after a dramatic power-related blackout. This remarkable spacecraft, launched in 1977, continues to push boundaries in interstellar space. Despite operating on dwindling power (losing 4 watts yearly), the spacecraft recovered from a communications disruption that began in October. NASA engineers solved the complex challenge of restoring contact across this vast distance. While this achievement showcases human ingenuity, it also signals the approaching sunset of this historic mission. Voyager 1 continues to send back valuable data about unexplored territory beyond our solar system's edge. 🛸 A testament to human achievement: This 47-year-old spacecraft still teaches us about the unknown. #Space #NASA #Science #Innovation #Exploration https://lnkd.in/ge_bNpU5

🏠 Good news for the housing market! Mortgage rates have dropped to 6.69% - the lowest level in over a month. The data shows that homebuyers responded positively, with purchase applications jumping 6% last week. What does this mean for those considering a home purchase? There's more inventory available now than earlier in the year, giving buyers more options to choose from. While rates are still higher than historical lows, this dip could present an opportunity for those who've been waiting on the sidelines. Interested in learning more about today's market conditions? Let's talk. #HousingMarket #MortgageRates #RealEstate #Financial #HomeOwnership https://lnkd.in/epRp7xfQ