- \n
- The autoworkers\u2019 strike<\/strong>. Autoworkers went on strike against the Big Three automakers last week. The economic effect is expected to be modest although it affects diverse industries. \u201cThe strike will likely cause spillover effects in industries that support domestic vehicle manufacturing, such as petrochemicals, steel and glass, as well as to suppliers that produce component parts, electronics and software,\u201d reported Megan Leonhardt of Barron\u2019s<\/em>.<\/li>\n<\/ul>\n\n\n\n
- \n
- The resumption of student loan payments<\/strong>. \u201cThe end of the moratorium on student loans payments is set to take place this fall\u2026monthly payments are expected to resume in October. This will be a major financial shock and additional burden to younger renters or millennials, especially those in the low- and moderate-income group who are rent burdened,\u201d reported Thomas Lasalvia, Nick Villa, Christopher Rosin, Lu Chen, and Mary Le of Moody’s Analytics.<\/li>\n<\/ul>\n\n\n\n
It’s possible these events will result in increased market volatility in coming weeks.<\/p>\n\n\n\n
Last week, major U.S. stock indices moved lower, according to Barron\u2019s<\/em>, and yields on longer maturities of Treasuries.<\/p>\n\n\n\n
![\"\"](\"https:\/\/www.keystonefinancial.com\/wp-content\/uploads\/2023\/09\/image-2.png\")
<\/figure>\n\n\n\nAND THE WINNERS ARE\u2026<\/strong>The 33rd First Annual Ig Nobel Prize ceremony honored 10 winners for conducting research into improbable ideas that make people laugh and, also, make them think. The awards \u201ccelebrate the unusual, honor the imaginative \u2013 and spur people\u2019s interest in science, medicine, and technology.\u201d The official mascot of the Ig Nobel Prize is \u201cThe Stinker,\u201d a graphic of The Thinker toppled onto its back. This year, the winning research included:<\/p>\n\n\n\n
- \n
- Augmented Gustation Using Electricity <\/em>won the Nutrition Prize. In a shocking bit of research, Professor Homei Miyashita and Associate Professor Hiromi Nakamura explored flavor and electrification. They explained, \u201cElectric taste is the sensation elicited upon stimulating the tongue with electric current\u2026Our method involves changing the taste of foods and drinks by using electric taste. First, we propose a system to drink beverages using straws that are connected to an electric circuit. Second, we propose a system to eat foods using a fork or chopsticks connected to an electric circuit.\u201d<\/li>\n<\/ul>\n\n\n\n
- \n
- The The The The Induction Of Jamais Vu In The Laboratory: Word Alienation And Semantic Satiation <\/em>received the Literature Prize. Fans of Ted Lasso are familiar with semantic sensation \u2013 when repetition causes a word to lose meaning. Chris Moulin, Nicole Bell, Merita Turunen, Arina Baharin, and Akira O\u2019Connor, \u201c\u2026sought to document that the subjective experience of jamais vu can be produced in word alienation tasks, hypothesizing that d\u00e9j\u00e0 vu and jamais vu are similar experiential memory phenomena.\u201d They had study participants write the same word over and over and over again, and documented the results.<\/li>\n<\/ul>\n\n\n\n
- \n
- Eating Fossils<\/em> <\/strong>won the Chemistry and Geology Prize. In The<\/em> Paleontology Association Newsletter No. 96<\/em>, Professor Jan Zalasiewicz discussed why scientists lick rocks.\u201cWetting the surface allows fossil and mineral textures to stand out sharply, rather than being lost in the blur of intersecting micro-reflections and micro-refractions that come out of a dry surface\u2026The taste, now, was likely merely registered as generically-slightly-dusty and then instantly forgotten; I had always thought it entirely superfluous to identification. But perhaps not so\u2026\u201d<\/li>\n<\/ul>\n\n\n\n
The winners received Zimbabwean 10-trillion-dollar notes. (Relics from a period of hyperinflation in Zimbabwe.) Ig Nobel recipients\u2019 24\/7 lectures, which include a complete technical description delivered in 24 seconds and a concise summary that anyone can understand in just seven words, are available on the Improbable Research<\/em> website.<\/p>\n\n\n\n
Weekly Focus \u2013 Think About It<\/strong><\/p>\n\n\n\n
\u201cIf we knew what it was we were doing, it would not be called research, would it?\u201d – Albert Einstein, scientist<\/em><\/p>\n\n\n\n
Investment advisory services offered through Keystone Financial Services, an SEC Registered Investment. These views are those of Carson Coaching, not the presenting Representative, the Representative\u2019s Broker\/Dealer, or Registered Investment Advisor, and should not be construed as investment advice.This newsletter was prepared by Carson Coaching. Carson Coaching is not affiliated with the named firm or broker\/dealer. Government bonds and Treasury Bills are guaranteed by the U.S. government as to the timely payment of principal and interest and, if held to maturity, offer a fixed rate of return and fixed principal value.\u00a0 However, the value of fund shares is not guaranteed and will fluctuate. Corporate bonds are considered higher risk than government bonds but normally offer a higher yield and are subject to market, interest rate and credit risk as well as additional risks based on the quality of issuer coupon rate, price, yield, maturity, and redemption features. The Standard & Poor’s 500 (S&P 500) is an unmanaged group of securities considered to be representative of the stock market in general. You cannot invest directly in this index. All indexes referenced are unmanaged. The volatility of indexes could be materially different from that of a client\u2019s portfolio. Unmanaged index returns do not reflect fees, expenses, or sales charges. Index performance is not indicative of the performance of any investment. You cannot invest directly in an index. The Dow Jones Global ex-U.S. Index covers approximately 95% of the market capitalization of the 45 developed and emerging countries included in the Index. The 10-year Treasury Note represents debt owed by the United States Treasury to the public. Since the U.S. Government is seen as a risk-free borrower, investors use the 10-year Treasury Note as a benchmark for the long-term bond market. Gold represents the 3:00 p.m. (London time) gold price as reported by the London Bullion Market Association and is expressed in U.S. Dollars per fine troy ounce. The source for gold data is Federal Reserve Bank of St. Louis (FRED),\u00a0https:\/\/fred.stlouisfed.org\/series\/GOLDPMGBD228NLBM. The Bloomberg Commodity Index is designed to be a highly liquid and diversified benchmark for the commodity futures market. The Index is composed of futures contracts on 19 physical commodities and was launched on July 14, 1998. The DJ Equity All REIT Total Return Index measures the total return performance of the equity subcategory of the Real Estate Investment Trust (REIT) industry as calculated by Dow Jones. The Dow Jones Industrial Average (DJIA), commonly known as \u201cThe Dow,\u201d is an index representing 30 stock of companies maintained and reviewed by the editors of The Wall Street Journal. The NASDAQ Composite is an unmanaged index of securities traded on the NASDAQ system. International investing involves special risks such as currency fluctuation and political instability and may not be suitable for all investors. These risks are often heightened for investments in emerging markets. Yahoo! Finance is the source for any reference to the performance of an index between two specific periods. The risk of loss in trading commodities and futures can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. The high degree of leverage is often obtainable in commodity trading and can work against you as well as for you. The use of leverage can lead to large losses as well as gains. Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance. Economic forecasts set forth may not develop as predicted and there can be no guarantee that strategies promoted will be successful. Past performance does not guarantee future results. Investing involves risk, including loss of principal. The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee it is accurate or complete. There is no guarantee a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk. Asset allocation does not ensure a profit or protect against a loss. Consult your financial professional before making any investment decision. Please contact our office if you would like a list of sources used in creating this content.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"
Adding new ingredients to the economic blender. The performance of United States economy in 2023 has been as unexpected as a lentil-avocado-cinnamon smoothie \u2013 a tasty surprise. Last week, economic data suggested the Federal Reserve may need to do more to slow the economy. The consumer price index showed inflation edging higher, wholesale inflation was […]<\/p>\n","protected":false},"author":10,"featured_media":7458,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","meta":{"_acf_changed":false,"post_statement":"","post_description":"","post_cta":"","post_button":"Read More","post_button_url":"","compliance_id":"","post_disclaimer":"","footnotes":""},"categories":[],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/www.keystonefinancial.com\/wp-json\/wp\/v2\/oi_article\/7456"}],"collection":[{"href":"https:\/\/www.keystonefinancial.com\/wp-json\/wp\/v2\/oi_article"}],"about":[{"href":"https:\/\/www.keystonefinancial.com\/wp-json\/wp\/v2\/types\/oi_article"}],"author":[{"embeddable":true,"href":"https:\/\/www.keystonefinancial.com\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/www.keystonefinancial.com\/wp-json\/wp\/v2\/comments?post=7456"}],"version-history":[{"count":2,"href":"https:\/\/www.keystonefinancial.com\/wp-json\/wp\/v2\/oi_article\/7456\/revisions"}],"predecessor-version":[{"id":7460,"href":"https:\/\/www.keystonefinancial.com\/wp-json\/wp\/v2\/oi_article\/7456\/revisions\/7460"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.keystonefinancial.com\/wp-json\/wp\/v2\/media\/7458"}],"wp:attachment":[{"href":"https:\/\/www.keystonefinancial.com\/wp-json\/wp\/v2\/media?parent=7456"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.keystonefinancial.com\/wp-json\/wp\/v2\/categories?post=7456"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.keystonefinancial.com\/wp-json\/wp\/v2\/tags?post=7456"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
- Eating Fossils<\/em> <\/strong>won the Chemistry and Geology Prize. In The<\/em> Paleontology Association Newsletter No. 96<\/em>, Professor Jan Zalasiewicz discussed why scientists lick rocks.\u201cWetting the surface allows fossil and mineral textures to stand out sharply, rather than being lost in the blur of intersecting micro-reflections and micro-refractions that come out of a dry surface\u2026The taste, now, was likely merely registered as generically-slightly-dusty and then instantly forgotten; I had always thought it entirely superfluous to identification. But perhaps not so\u2026\u201d<\/li>\n<\/ul>\n\n\n\n
- The The The The Induction Of Jamais Vu In The Laboratory: Word Alienation And Semantic Satiation <\/em>received the Literature Prize. Fans of Ted Lasso are familiar with semantic sensation \u2013 when repetition causes a word to lose meaning. Chris Moulin, Nicole Bell, Merita Turunen, Arina Baharin, and Akira O\u2019Connor, \u201c\u2026sought to document that the subjective experience of jamais vu can be produced in word alienation tasks, hypothesizing that d\u00e9j\u00e0 vu and jamais vu are similar experiential memory phenomena.\u201d They had study participants write the same word over and over and over again, and documented the results.<\/li>\n<\/ul>\n\n\n\n
- Augmented Gustation Using Electricity <\/em>won the Nutrition Prize. In a shocking bit of research, Professor Homei Miyashita and Associate Professor Hiromi Nakamura explored flavor and electrification. They explained, \u201cElectric taste is the sensation elicited upon stimulating the tongue with electric current\u2026Our method involves changing the taste of foods and drinks by using electric taste. First, we propose a system to drink beverages using straws that are connected to an electric circuit. Second, we propose a system to eat foods using a fork or chopsticks connected to an electric circuit.\u201d<\/li>\n<\/ul>\n\n\n\n
- The resumption of student loan payments<\/strong>. \u201cThe end of the moratorium on student loans payments is set to take place this fall\u2026monthly payments are expected to resume in October. This will be a major financial shock and additional burden to younger renters or millennials, especially those in the low- and moderate-income group who are rent burdened,\u201d reported Thomas Lasalvia, Nick Villa, Christopher Rosin, Lu Chen, and Mary Le of Moody’s Analytics.<\/li>\n<\/ul>\n\n\n\n