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The Flyer:

by Propel Financial Advisors

News & Insights

Want to learn more about a specific area of finance, investing or tax? We'd love to hear from you! Contact us via email on Facebook or LinkedIn.

News From the Control Tower - 9/23/2020 Thumbnail

News From the Control Tower - 9/23/2020

News from the Control Tower: Our weekly curated list of news stories affecting you and your finances. This week's reads include: (1) No Job, Loads of Debt: Covid Upends Middle-Class Family Finances, (2) Coronavirus crisis caused 40% of parents to change their job situation, survey finds, (3) Exclusive: The Billionaire Who Wanted To Die Broke . . . Is Now Officially Broke, (4) Brooklyn Museum to Sell 12 Works as Pandemic Changes the Rules, (5) Huang’s Law Is the New Moore’s Law, and Explains Why Nvidia Wants Arm - WSJ, and Bonus article - Black Entrepreneur Gets Saucy, Signs Deals with 30 Grocery Stores.

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News From the Control Tower - 9/16/2020 Thumbnail

News From the Control Tower - 9/16/2020

News from the Control Tower: Our weekly curated list of news stories affecting you and your finances. This week's reads include: (1) Exxon Used to Be America’s Most Valuable Company. What Happened?, (2) ANALYSIS-Nvidia acquisition of Arm throws company into tech spat between U.S. and China, (3) Medicaid rolls swell amid the pandemic’s historic job losses, straining state budgets, (4) Military Forced Into Payroll Tax Deferral; 1.3 Million Can’t Opt-Out, (5) The Biggest Money Mistakes People Make in a Recession, (6) A Free Market Manifesto That Changed the World, Reconsidered, and Bonus article - Chuck E. Cheese wants to destroy about 7 billion prize tickets amid bankruptcy.

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News From the Control Tower - 9/9/2020 Thumbnail

News From the Control Tower - 9/9/2020

News from the Control Tower: Our weekly curated list of news stories affecting you and your finances. This week's reads include: (1) Evans of the Chicago Fed worried about politics effecting the economy, (2) Farm cash receipts to hit a decade-law, (3) Financial firms failing to disclose misdeeds, (4) Chief of the Atlanta Fed Bostic rethinking the Fed mandate, (5) Broadway's sturggle to come back, and Bonus article on a San Diego icon - a doctor who quit his practice to pursue rollerblading very, very slowly.

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News from the Control Tower - 9/2/2020 Thumbnail

News from the Control Tower - 9/2/2020

Interesting reads this week include: (1) Female Fund Managers Beat Men at Stock Picks: Goldman; (2) IRS guidelines put employers on the hook for Trump's payroll tax break; (3) Black Homeowners Face Discrimination in Appraisals; (4) Walmart Tries Again to Find Its Answer to Amazon Prime; (5) Boeing making slow progress toward fixing software problems that plagued its 2019 Starliner test; and a Bonus - The Wildest Insurance Fraud Scheme Texas Has Ever Seen

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News From the Control Tower - 8/19/2020 Thumbnail

News From the Control Tower - 8/19/2020

Interesting reads this week include: (1) U.S. Oil Refiners Accelerate Shift to Renewables in Downturn; (2) The ‘Everything Bubble’ Isn’t Everything, and Maybe Not Even a Bubble; (3) Saliva-based coronavirus test funded by NBA, NBPA gets emergency authorization from FDA; (4) Starting with Michigan, Sidewalk Infrastructure is looking to build roads specifically for autonomous cars; (5) Concrete, a Centuries-Old Material, Gets a New Recipe; and a Bonus - The Rich Are Buying Compounds During the Pandemic

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News From the Control Tower - 8/12/2020 Thumbnail

News From the Control Tower - 8/12/2020

Interesting reads this week include: (1) 'Stakeholder’ Capitalism Seems Mostly for Show; (2) Yes, Unemployment Fell. But The Recovery Seems To Be Slowing Down; (3) Why Are Some Groceries Still So Hard to Find During Covid?; (4) What’s with gold backwardation?; (5) The Truth Is Paywalled But The Lies Are Free; and a Bonus - Sweatpants Forever!

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News From the Control Tower - 8/5/2020 Thumbnail

News From the Control Tower - 8/5/2020

Interesting reads this week include: (1) This recession is already deep. If Congress fails to act, a lot of damage could be permanent; (2) Behind the Vast Market Rally: A Tumbling Dollar; (3) FDA’s Shifting Standards for Chinese Face Masks Fuel Confusion; (4) The 'Sweat' you drink: Inside the meteoric rise of Asia's answer to Gatorade; (5) Supreme Court Signals Federal Judiciary Won’t Mediate Fights Over Voting and Virus; (6) Two virtual school meetings ‘zoom-bombed’ with porn in Tri-State districts and a Bonus - This Pennsylvania farm has 320 kinds of tomatoes. You’ll want to try them all.

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News From the Control Tower - 7/29/2020 Thumbnail

News From the Control Tower - 7/29/2020

Interesting reads this week include: (1) TikTok’s Chinese parent is scrambling to hang onto its hit app; (2) What China Learned From Cold War America; (3) King dollar's decline ripples across the globe; (4) How Does Gender Equality Affect Women in Retirement?; (5) Here are five charts illustrating U.S. economic trends amid the coronavirus pandemic; and a Bonus - Lockdown was the longest period of quiet in recorded human history.

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News From the Control Tower - 7/22/2020 Thumbnail

News From the Control Tower - 7/22/2020

Interesting reads this week include: (1) How to Sell Books in 2020: Put Them Near the Toilet Paper; (2) A second Great Depression? Unemployment crisis hits big cities hard; (3) The S&P 500 Grows Ever More Concentrated; (4) In Electric Car Market, It’s Tesla and a Jumbled Field of Also-Rans; (5) ‘Let’s Go Fly, for God’s Sake.’ Behind American Airlines Chief’s All-In Strategy; (6) The Fed Is Setting the Stage for a Major Policy Change; (7) Baseball Will Start Its Weirdest Season Ever. Will It Finish?; and a Bonus - World Surf League announces the five nominees for the 'Wipeout of the Year' category, an award that shows surfing is one of the most dangerous sports in the world.

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News From the Control Tower - 7/15/2020 Thumbnail

News From the Control Tower - 7/15/2020

Interesting reads this week include: (1) Even groups that regularly disagree on labor issues said there should be significant public investment in programs that can upgrade the skills of American workers; (2) A combination of low interest rates and industrial demand propel silver to new highs; (3) Resignation of DeAnne Julius from the advisory board to China's sovereign wealth fund indicates a hitch in investment and business relationship with China; (4) Dallas Fed President Robert Kaplan said that managing the coronavirus is the most important issue for the economy now. “If we all wore a mask, it would substantially mute the transmission of this disease and we would grow faster,” he told Fox Business; (5) A decade of economic progress for America’s Black workers suddenly stopped in the mid-1970s. Why things had been improving, why that reversed, and what trade had to do with it; and a Bonus - This Pickle is Cake!

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