#520: Happy 248th birthday, USA!

In this 5th of July First Friday economic update, we cover five topics: the economic impact of elections in the UK; the S&P 500 topping 5500; the effect of the Supreme Court’s Chevron ruling on Social Security and retirement planning; the latest jobs report; and California’s new law allowing accessory dwelling units to get sold separately as condos.

For more information, visit the show notes at https://affordanything.com/episode520

Resources Mentioned:

UK’s Office for National Statistics: May 2024 report

SupremeCourt.gov: Loper Bright Enterprises v. Raimondo

Federal Register: SSA

Social Security Administration: Will Social Security Be There for Me?

Bureau of Labor Statistics: June 2024 jobs report

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How The Supreme Court's Chevron Ruling Could Impact Retirement 44:06 Share

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How The Supreme Court's Chevron Ruling Could Impact Retirement