Newbridge Securities Corporation

Quote of the day

President Joe Biden is calling for higher U.S. tariffs on Chinese steel and aluminum products, marking a significant shift in trade policy. Here's what it means for your investment landscape: • The proposed tariff increase from 7.5% to 25% targets more than $1 billion worth of products, potentially affecting the cost and supply of these materials. • The Biden administration is also pressuring Mexico to prevent indirect sales of Chinese metal products to the U.S. • An investigation into Chinese trade practices across various sectors could lead to additional tariffs, inviting potential retaliation from China. These measures could impact industries reliant on steel and aluminum, potentially influencing stock prices in these sectors. As always, it's important to consider these developments when refining your investment strategy. #TradePolicy #InvestmentStrategy #Tariffs Source: https://lnkd.in/gdQxDnB5

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Yes, inflation has been high in recent years—but not 53% high! Northwestern Mutual’s annual retirement survey shows that ALL investors now believe they’ll need $1.46 million to retire comfortably, a 15% increase from 2023 and a stunning 53% jump from 2020. Without a strategy, investors are just guessing when it comes to retirement.

📚👩🎓Navigating the financial side of college can be complex, especially with the recent overhaul of the FAFSA form. The FAFSA, or Free Application for Federal Student Aid, is a crucial tool used to determine a student's eligibility for federal financial aid, including grants, loans, scholarships, and work-study program funds. The form was revamped at the end of 2023 to be more streamlined. It now features fewer than 50 questions and is offered in 11 languages. However, there have been some hiccups. Access to the form was delayed, and many families have reported technical glitches. The result? Applications are down nearly 60% from previous years. Despite these issues, the Department of Education encourages all students considering college to submit a FAFSA form. You can also use online tools like the College Scorecard and the Federal Student Aid Estimator to help plan for future costs. 💻🧮 Remember, the deadline to submit a FAFSA form for the 2024-2025 school year is 11:59 p.m. CT on June 30, 2025. ⏰🗓️ Remember, education is an investment, and understanding the financial process is crucial to the journey. Stay informed and stay proactive in your planning! #FAFSAChanges #CollegeFinance #FinancialAid Source: https://lnkd.in/g7GMWeQC

Fed Chair Jerome Powell has noted a need for more progress on inflation, suggesting interest rate cuts may not be on the horizon. Here's how this could impact the investment landscape: • Inflation hasn't returned to the central bank's goal, indicating that interest rate cuts may not be imminent. • This observation comes amidst solid growth and a strong labor market. • The Fed has maintained its benchmark interest rate between 5.25%-5.5% since July 2023, marking the highest in 23 years. • Financial markets have had to adjust their expectations for rate cuts this year. Inflation affects the buying power of money, and interest rates can influence the cost of borrowing. #FedUpdate #Investment #Strategy #InflationUpdate Source: https://lnkd.in/emnPPepE