All Work

Austin Smith

Lululemon’s Stock Price Collapses

Lululemon (NASDAQ: LULU) | LULU Price Prediction has faced significant challenges in 2023, with shares down over 40% year-to-date due to factors such as changes in consumer spending, competition, and a shift in fashion…

Austin Smith · 2 years ago

Walgreens Stock Price Collapses

Walgreens (NASDAQ: WBA) | WBA Price Prediction has experienced a significant decline in 2023, with shares down over 55% year-to-date, trading at levels last seen in 1998. The company faces challenges, including underperforming stores,…

Austin Smith · 2 years ago

Dave Ramsey’s Best Retirement Advice

Dave Ramsey offers valuable retirement advice focused on purposeful living and smart financial decisions. Key quotes include the importance of having a plan in retirement beyond just stopping work, and not cashing out 401k…

Austin Smith · 2 years ago

Americans Retirement Plans Are Crumbling

Interest rate spikes have unexpectedly kept home prices high due to limited supply, as homeowners with low mortgage rates are reluctant to sell. This situation has significant implications for retirement plans, as homeownership is…

Austin Smith · 2 years ago

Elon’s EV Dreams Hit The Wall

The EV market, after experiencing phenomenal growth, is currently facing significant challenges, with American buyers increasingly preferring hybrids and internal combustion engine vehicles. While EV sales are still growing, Tesla’s (NASDAQ: TSLA) | TSLA…

Austin Smith · 2 years ago

Lucid Soars 12% On ‘Suckers Rally’

Shares of Lucid (Nasdaq:LCID) | LCID Price Prediction are soaring after hours on the news that Volkswagen will invest up to $5 billion in fellow EV maker Rivian (Nasdaq: RIVN) Read more about Rivian’s…

Austin Smith · 2 years ago

Why Rivian Stock Is Exploding 50% Right Now

Shares of Rivian (Nasdaq:RIVN) | RIVN Price Prediction are exploding higher today, up nearly 9% during the day and up over 40% after hours on the news Volkswagen will invest $1 billion in Rivian,…

Austin Smith · 2 years ago

Inflation Could Wreck Social Security’s 2025 COLA

The 2025 Social Security Cost of Living Adjustment (COLA) is projected to range between 2.5% and 3%, based on new inflation data. These estimates fall short of the current inflation rate, leading to concerns…

Austin Smith · 2 years ago

Which EV Maker Is Going Bankrupt Next?

Fisker has filed for bankruptcy, highlighting the ongoing struggles in the EV market, despite notable successes like Tesla’s (NASDAQ: TSLA) | TSLA Price Prediction Model Y. Other EV companies, including Lucid (NASDAQ: LCID) Motors,…

Austin Smith · 2 years ago

Apple’s Multibillion Dollar Microsoft Heist Actually Worked

Apple (NASDAQ: AAPL) | AAPL Price Prediction recently announced Apple Intelligence, pushing its shares up roughly 10% over a few days and briefly surpassing Microsoft (NASDAQ: MSFT) as the most valuable company on earth.…

Austin Smith · 2 years ago

Social Security’s 2025’s COLA Is Looking Real Bad

The forecast for the 2025 Social Security Cost of Living Adjustments (COLAs) has been revised downward, now estimated at 2.6%, lower than both the previous 2.7% estimate and the 3.2% adjustment in 2024. This…

Austin Smith · 2 years ago

Housing Prices Weren’t Supposed to Do This, but Did Anyway

Despite rising mortgage rates, housing prices have continued to climb, with the median home price reaching $435,000, the highest ever recorded. The main driver is the low inventory, as many homeowners are unwilling to…

Austin Smith · 2 years ago

Americans Two Safety Nets for Retirement Are Vanishing

Looking 20 years ahead, concerns about the economy include the potential trouble for Social Security and the diminishing reliance on home equity as a financial safety net. This could result in a generation of…

Austin Smith · 2 years ago

Don’t Believe the US Inflation Lies

Despite official inflation rates being reported at around 3%, many Americans feel the impact of rising costs in their daily lives. Examples include the cost of coffee, insurance premiums, and housing expenses. These underlying…

Austin Smith · 2 years ago

Investing for the Next 12 Months? Buy These

If investors expect interest rates to hold until next year, they should consider dividend-yielding stocks like Altria (NYSE: MO), | MO Price Prediction Bristol Myers, and Pfizer (NYSE: PFE), which offer reasonable values and…

Austin Smith · 2 years ago

Millions Will Miss the American Dream, and It’s Tragic

As homeownership becomes increasingly difficult due to high prices and mortgage rates, more people are turning to renting. Large corporations and private equity firms are buying suburban homes to capitalize on this trend. The…

Austin Smith · 2 years ago

Trump and Biden Are Binding the Fed’s Hands

If the Fed announces no rate cuts this year and uncertainty for early 2025, the stock market’s reaction is unclear due to its heavy reliance on tech stocks. Powell is in a difficult position,…

Austin Smith · 2 years ago

Are We Facing a 1999 Tech Stock Implosion?

The market’s strength is questioned, with 10 stocks comprising almost 40% of the S&P 500’s weight, driving its rise for the last year and a half. The average stock, especially in the energy sector,…

Austin Smith · 2 years ago

Runaway Spending Is Binding the Fed’s Hands

Several Bloomberg analysts speculated about a potential rate cut in September, a notion dismissed as unlikely given current economic indicators. The inflation drop is minimal, and Fed officials like Neil Kashkari suggest no immediate…

Austin Smith · 2 years ago

Polestar, Lucid? Which EV Company Implodes Next?

EV company Fisker has declared bankruptcy. The company filed chapter 11, and has assets estimated between $500m – $1 billion, with liabilities somewhere between $1 – $10 billion. This isn’t the company’s first trip…

Austin Smith · 2 years ago