[Music] A partial government shutdown is just days away as lawmakers continue to debate a spending agreement. So, we're taking a closer look at what a shutdown means for you and your money. Essential services will continue through a shutdown, including military, law enforcement, the Postal Service, the Federal Aviation Administration, and the Transportation Security Administration.But those workers will not be receiving paychecks. During past shutdowns, some TSA checkpoints were closed and travelers faced l ...

Labor Market Data Concerns - Potential delays in the release of jobs data following a shutdown could complicate the Federal Reserve's decision-making process regarding the economy [1] - Over-reliance on a single report like the BLS (Bureau of Labor Statistics) is discouraged; the industry should consider private sector reports like ADP for a broader view of the labor market [2] - The threat of permanent firings, as opposed to temporary furloughs, could further weaken the labor market [2] - The H-1B visa issue adds another layer of complexity and potential disruption to labor market data [3] Monetary Policy Outlook - The initial inclination is to proceed with the planned rate cut for October [3] - The possibility of a December rate cut is uncertain, depending on the resilience of economic growth and stickiness of inflation based on the latest data [4]

Pet Insurance Overview - Pet insurance helps cover veterinary medical bills for pets, similar to human health insurance [1] - The North American Pet Health Insurance Association's 2023 data indicates average annual premium for accident-only coverage: $116 for cats and $204 for dogs [2] - Policies generally cover a wide range of conditions, excluding pre-existing ones [3] Policy Types and Costs - Deductibles come in three forms: annual, per incident, and lifetime per condition [4] - Accident and illness plans offer broad coverage, including accidents, injuries, chronic illnesses, and serious illnesses [10] - Adding a wellness plan provides coverage for preventative care and vaccines [11] - For accident and illness coverage up to a $5,000 limit, the average monthly payment was $87 across 12 insurers; unlimited annual coverage averaged $132 per month [9] Industry Perspective - Nationwide Insurance introduced pet insurance in the US in 1982 [6] - Pet insurance helps owners avoid making difficult decisions based solely on finances [7][12] - Consumers can compare multiple pet insurers at once via websites like Yahoo Finance [7]

Adjustable Rate Mortgages (ARMs) Overview - Adjustable rate mortgages (ARMs) are regaining popularity after the financial crisis [1] - ARMs offer an initial fixed interest rate period (5, 7, or 10 years) before adjusting to prevailing market rates [2] - Borrowers accept interest rate risk for potentially lower initial rates compared to 30-year fixed mortgages [2] Interest Rate Comparison - Current 30-year fixed mortgage rates are around 63%-64% [3] - Adjustable rate mortgages (ARMs) offer initial rates around 58% for a 7 or 10-year period [3] Market Share and Trends - Adjustable rate mortgages (ARMs) market share reached a post-crisis high of approximately 13% recently [4] - The market share has decreased to around 9% recently [4] - Adjustable rate mortgages (ARMs) usage had previously dropped as low as 1% in some years [4] Changes in ARM Structure - Adjustable rate mortgages (ARMs) adjustments now typically occur every six months or a year [6] - Qualification standards for adjustable rate mortgages (ARMs) are stricter, requiring good credit, down payment, and provable income [6] Link to Federal Funds Rate - Adjustable rate mortgages (ARMs) in the adjustment period are tied to SOFR (Secured Overnight Financing Rate), which is closely linked to the federal funds rate [8] - Potential Federal Reserve rate cuts could lead to lower mortgage rates for adjustable rate mortgages (ARMs) borrowers in the adjustment period [8][9]

How have tariffs impacted the restaurant industry. What are you seeing. >> Devastating.I think that's the reason we're seeing spikes in food prices. We have a really, really serious food problem on our hands. We're just beginning to see it with this rise in prices.>> How does that translate to the demand side of the equation when consumers are weighing food at home versus dining out. >> It's absolutely horrific and it's horrific for our dining industry, right. Everybody has to remember the third largest wor ...

The free application for federal student aid, better known as FAFSA, is the annual application for financial aid provided by the government, including scholarships like PEL grants and student loans. The Department of Education confirmed the FAFSA for the 2026 to 2027 school year will open by the federallymandated date of October 1st. Here with some advice for parents and students is Kathy Mueller, mapping your future executive director.Kathy, thank you for being here. Let's start with why the FAFSA is such ...

Market Overview - Major indexes are near record highs, with the S&P 500 adding $16 trillion in market cap since April lows [1] - The Fed is cutting rates [1] - Earning season is approaching [1] - September is historically the weakest month for the S&P 500 [8][9] - October has historically seen stock market crashes and volatility spikes [9] Stock Buybacks - Stock buybacks can lift earnings per share and support stock price [2] - 2025 stock buyback announcements are approaching $1 trillion, the year-end average [3] - Buyback executions occur in four waves per year, coinciding with earning seasons [4] - Buybacks have recently dropped off due to the buyback blackout window [5] - The buyback blackout window, from mid-August through mid-October, is nearing its peak [7][8] - The buyback bid is expected to return as earning season shifts into high gear [10] Investment Considerations - Watch for companies updating their share repurchase plans [10] - Monitor spikes in the VIX volatility index, as a higher VIX usually indicates weakness in stocks [11] - Keep an eye on long-term government rates, as a big jump can negatively impact stocks when buybacks are light [11][12]

Broadcast TV Challenges - Boycotts of shows like Jimmy Kimmel by Sinclair and NextStar highlight political sensitivities and potential harm to broadcasters [1][5] - Long-term viability of national broadcast TV is threatened as content shifts to streaming, negatively impacting broadcast stations [7][8] - Cord-cutting and advertising shift to streaming create headwinds for broadcast station groups [9] - NFL's potential shift of content to cable and streaming poses a significant long-term problem for broadcasters [11] Media Consolidation - Industry experts believe media consolidation is inevitable due to the large number of streaming services [13] - Hulu will be integrated into Disney Plus, eliminating the separate Hulu app [14] - Paramount is reportedly considering a bid for Warner Brothers Discovery to merge HBO Max and Paramount Plus [15] - The industry anticipates that only three large-scale streaming services will ultimately dominate the market [17] Investment and Financial Considerations - Doubts exist regarding Larry Ellison's willingness to invest $40-50 billion in cash for Warner Brothers [20][21] - Tik Tok US is structured as a joint venture, maintaining the existing algorithm and content, which benefits ByteDance [25][27]

Hello and welcome to Asking for a Trend. I'm Josh Lipton and for the next half hour, we are breaking down the trends of today that'll move stocks tomorrow. There's a lot to keep track of, so we're focusing on what you need to know to get ahead of the curve. Here's some of the trends we're going to be diving into.The major averages snapping a three session losing streak, ending the week up for Wall Street. the end of the session. All major indices ending the day higher.Everyone wants AI growth, but can they ...

[Music] That's the closing bell on Wall Street and now it's market domination overtime. We're giving you full coverage of all the moves to get you up to speed on the action from today's trade. Guy who finances Jared Blickery joining us here to break it all down.Jared, thank you Josh. Nice comeback Friday. We're seeing a lot of green on our screen here at least in terms of the major averages.We'll start with the NASDAQ up about 100 points or 4/10en of 1%. Here's the day's price action. We had a little green, ...