Syz the moment

1️⃣ Live below your means 2️⃣ Invest a significant portion of your income 3️⃣ Have a long-term plan 4️⃣ Create passive income 5️⃣ Be frugal 6️⃣ Avoid debt 7️⃣ Invest in yourself (source: Compounding Quality)

Great financial cheat sheet by Compounding Quality

Going back to 1950, this is currently the 9th longest stretch without the S&P 500 making a new all-time high. Source: Willie Delwiche

This was the biggest one-day increase since June 2 and the third straight day of inflows, totaling $897.9 million. The fund's assets increased by 6.9% during that span. The fund has suffered net outflows of $543.4 million in the past year. Source: Bloomberg

Odds of the Federal Reserve raising rates twice more this year look less likely after inflation promisingly cooled. A quarter-point hike at the upcoming July meeting remains Wall Street's base case. Source : wsj

Bankrupt crypto lender Celsius has accused StakeHound of failing to hand back $150 million worth of various tokens which it had entrusted to the liquid staking platform. In a complaint filed as part of Celsius’s ongoing bankruptcy proceedings, lawyers also alleged that StakeHound had violated bankruptcy rules by commencing an arbitration proceeding against the business in Switzerland. At the heart of the case are $120 million worth of Ethereum (ETH), $30 million in Polygon (MATIC), and Polkadot (DOT) tokens worth $300,000, based on recent prices.

Source: Decrypt

Source: J.P.Morgan Asset Management

Bankruptcy filings by larger corporations in the first half of this year rose to the highest level since the same period in 2010, when they were coming down from the Financial Crisis Source: www.wolfstreet.com, WallStreetSilver