Stat of the Day 72%: The likelihood of a recession in the United States by early 2024, according to Bloomberg. That’s not bad for the stock market, though. In the last 69 years, on average, stocks have declined 1% during a recession and have gained 16% in the year after a recession.
Survey Results! Curious to learn about cheap things other Clark.com newsletter readers are doing to keep their homes cool? Here are a few of the submissions that we received:
Donna in Oregon: "Place a large bag or block of ice in a bucket or pot. Place it in front of or behind a fan."
R in Washington: "Put your feet in a bucket of cold water. Keep a damp washcloth in the freezer to put around the back of your neck."
Joe in Michigan: "Live amongst trees! I haven't had an air conditioner in the last 22 years. Ceiling fans also help. Had some mid-90s temps recently, but it was temporary. I've survived to age 77 (so far) just fine."
Lisa in Wisconsin: "Do not use the oven and cook light meals like tuna salad sandwiches or peanut butter & jelly."
Donald in North Carolina: Keep the blinds closed on the sunny side of the house. Keep the door to the laundry room closed when running appliances. Use the microwave or air fryer instead of the stove or oven. Keep the ceiling fans on. Use ceramic tile floors vs. hardwood floors. Drink lots of iced tea.
Scam Alert! Avoiding Puppy Scams and Fake Job Posts Scams are everywhere, and they can really empty your wallet. In today's podcast, Clark tackles two major scams: puppies and fake job posts. If you're looking for a new pet or a new job, Clark has tips to help you keep your money safe.
