Hey Friends!
I’ve got 4 fun facts for you today.  Have a great weekend!
Blessings,
Andrew
Fun Fact 1:Â
The price of lithium-ion batteries has fallen by 99% since 1991.
Source:Â Our World In Data
Fun Fact 2:Â
The higher levels of inflation are expected to keep the Fed on hold when it meets again on April 29. There’s a 98% chance of the Fed doing nothing (holding rates at 3.50-3.75%) and a 2% chance of a rate hike (to 3.75%-4.00%). The longer inflation stays above 3%, the more pressure the Fed will be under to consider hiking rates again.
Source: Target Rate Probabilities Chart for Fed Meeting; Charlie Bilello
Fun Fact 3:Â
Gas prices in the US have now risen to $4.16 per gallon, their highest level since August 2022. The 40% increase over the past five weeks is the biggest 5-week spike on record.
Source: Triple A (AAA)
Fun Fact 4:Â
Starting next year, every taxpayer will be able to donate up to $1700 to a scholarship granting organization and claim a dollar-for-dollar credit on their federal taxes. But the scholarships can only be issued to students in states where the governor opts in. The green states below are currently in.Â
Source: Unleash Prosperity Hotline
Quote I’m pondering:
“When you see that in order to produce, you need to obtain permission from men who produce nothing—you may know that your society is doomed.” – Ayn Rand (Atlas Shrugged)
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