Created by: Sam Tenney
- Treasury funding is set to run out this Friday, October 1st, requiring lawmakers to pass a suspension of the debt ceiling by the end of this week or else face a non-essential government services shutdown.
- Seasonally adjusted job openings continue to remain at all time highs, with well over a million job openings currently and higher demand expected to continue into the holiday seasons. This could pose unique challenges for US retailers during this period.
- Berlin, Germany, has passed a vote to allow the city government to expropriate housing units owned by real-estate companies. Companies with more than 3,000 units in the city will be subject to having their excess holdings expropriated by the local government to control housing costs in the city. While this bill will likely be challenged long before enactment, Germany does have a historic constitutionality for socializing business assets, often private land is socialized to build roadways in the country.
Please note by using any of the links provided for your convenience, you will be leaving Fidelis Wealth Advisors website. The hyperlinks are to websites and servers maintained by third parties. We do not control, evaluate, endorse, or guarantee content found in those sites. Your use of such sites is at your own risk.
This blog is general communication being provided for informational purposes only. This information is in no way a solicitation or offer to sell securities or investment advisory services. It is educational in nature and not to be taken as advice or a recommendation for any specific investment product or investment strategy. This does not contain sufficient information to support an investment decision. Any investment or investment strategy mentioned may not be suitable for all investors or in their best interest. Statistical information, quotes, charts, references to articles or any other quoted statement or statements regarding market or other financial information is obtained from sources which we believe reliable, but we do not warrant or guarantee the timeliness or accuracy of this information. All rights are reserved. No part of this blog including text, graphics, et al, may be reproduced or copied in any format, electronic, print, et al, without written consent from Fidelis Wealth Advisors, LLC. Fidelis Wealth Advisors does not provide legal or tax advice. Please be advised to consult with your investment advisor, attorney or tax professional before making any investment decisions.