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                   Hi Sarah, here's what you need to know for
                   <strong>
                    August 30th
                   </strong>
                   in
                   <strong>
                    3:14 minutes
                   </strong>
                   .
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                     The US canceled duty-free imports for everyone, so even your smallest overseas purchases could now cost a lot more
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                     Europe’s building more than just factories… and that means opportunities –
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                      Read Now
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                     The UK may lay claim to banking profits – and the potential “dibs” dented some big British bank stocks
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                     💸 You don't often use "crypto" and "life insurance" in the same sentence. But maybe that should change: join us for our
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              <p data-block-key="xanxf" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               <b>
                What’s going on here?
               </b>
              </p>
              <p data-block-key="c9h1m" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               The US ended its “de minimis” exemption, so now the only way to bag duty-free deals is to take a trip through an airport.
              </p>
              <p data-block-key="bbafe" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               <b>
                What does this mean?
               </b>
              </p>
              <p data-block-key="dnj61" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               The “de minimis” rule was designed to let small gifts enter the US tariff-free. (After all, a present’s not much good if you have to pay for it.) Thing is, ecommerce giants like Shein and Temu have used the exemption – which applies to goods under $800 – to flood the stateside market with cheap wares. That’s why the US president had already closed the loophole for China and Hong Kong. And now, he’s extended that to the rest of the world, too.
              </p>
              <p data-block-key="57l8c" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               <b>
                Why should I care?
               </b>
              </p>
              <p data-block-key="acn0g" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               <b>
                <i>
                 For markets:
                </i>
               </b>
               <i>
                It’s alright for some…
               </i>
              </p>
              <p data-block-key="4kk6r" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               The US has collected an extra nearly half-a-billion dollars in customs fees since it cut China and Hong Kong out in May. And with the de minimis exemption gone entirely, the government will pocket even more.
              </p>
              <p data-block-key="3dnpi" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               ⚠️ But everyday Americans could end up short-changed. Many cash-strapped shoppers rely on cheap imports, and this shift could increase prices of international goods by anywhere from 20 to 60%. Going forward, that
               <i>
                could
               </i>
               encourage them to hold back on shopping – but that’d be a change…
              </p>
              <p data-block-key="4ej3a" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               The US economy came out stronger than expected last quarter, partly thanks to consistent consumer spending. And the combination of steady shopping with pricier imports could bolster inflation, potentially forcing the Federal Reserve to hold interest rates higher for longer.
              </p>
              <p data-block-key="bedkl" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               <b>
                <i>
                 Zooming out:
                </i>
               </b>
               <i>
                Keep calm and carrier on… in this economy?
               </i>
              </p>
              <p data-block-key="emagq" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               Carriers including
               <b>
                FedEx
               </b>
               ,
               <b>
                UPS
               </b>
               , and
               <b>
                DHL
               </b>
               will feel the pinch, too. Sure, they can tack on surcharges to cover extra costs. But their most profitable route – between the US and Asia – is already quieter than it used to be. And now, they’ll lose out on even more millions of low-value shipments. Not to mention all the extra admin, which will take up precious working hours
               <i>
                and
               </i>
               bore them senseless.
              </p>
              <p style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; margin: 0;">
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                You might also like:
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                Geopolitical risks are on the up, so here’s how to hedge your portfolio
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               .
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                  <strong>
                   Copy to share story:
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                         <span style="font-family: Helvetica, Arial, sans-serif; font-size: 12px; font-weight: bold; color: #E6F14A; display: inline-block;">
                          FROM OUR RESEARCH DESK
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                          Europe’s Supply Chain Revamp Is Building More Than Just Factories
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                      <img alt="Europe’s Supply Chain Revamp Is Building More Than Just Factories" src="https://inboxflows.com/_/image/https%253A%252F%252Ffinimize-img.imgix.net%252Fhttps%253A%252F%252Fchivas-assets.s3-eu-west-1.amazonaws.com%252Fstatic%252Fimages%252FInsight-290825-supplychain.original.png%253Ffit%253Dclip%2526h%253DNone%2526ixlib%253Dpython-3.1.2%2526w%253D768%2526s%253D0a48a2897fe21279165b51f5f6749881/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZmaW5pbWl6ZS1pbSIsInRpbWUiOjE3NTY1NDExMDguOTUzOTE2M30:1usGaC:9oXc-ynJ_-BBlspn81aNqhz17AebRXheyrOFYLTOfiE" style="max-width: 300px; border-radius: 4px;" width="300"/>
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                     <p data-block-key="xjbe2" style="font-size: 16px; line-height: 1.5; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; color: #fff;">
                      For years,
                      <a style="color: inherit; text-decoration: underline; font-weight: inherit;">
                       supply chains
                      </a>
                      were designed with two objectives in mind: cost and speed.
                     </p>
                     <p data-block-key="9fbvd" style="font-size: 16px; line-height: 1.5; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; color: #fff;">
                      …But these days, resilience is among the top priorities.
                     </p>
                     <p data-block-key="5e2m2" style="font-size: 16px; line-height: 1.5; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; color: #fff;">
                      It’s easy to see why. Global shocks – geopolitical tensions, climate events, and a once-in-a-century, deadly pandemic – have pushed companies and governments to rethink how and where critical goods are made.
                     </p>
                     <p data-block-key="2ukrt" style="font-size: 16px; line-height: 1.5; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; color: #fff;">
                      And that new mindset is opening up
                      <a style="color: inherit; text-decoration: underline; font-weight: inherit;">
                       long-term investing opportunities
                      </a>
                      across real estate and energy infrastructure.
                     </p>
                     <p data-block-key="d2m0l" style="font-size: 16px; line-height: 1.5; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; color: #fff;">
                      So that’s today’s Insight:
                      <a style="color: inherit; text-decoration: underline; font-weight: inherit;">
                       Europe’s industrial revival, and how smart money’s involved
                      </a>
                      .
                     </p>
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                       <b>
                        Read or listen to the Insight here
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             <div style="font-family:Helvetica, Arial, sans-serif;;font-size:13px;line-height:1;text-align:left;color:#000000;">
              <span class="text-heading1 text-black font-black" style="font-weight: 900; color: #283444; font-size: 24px;">
               Daylight Robbery
              </span>
             </div>
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                 <a style="color: #204CE9; text-decoration: underline; font-weight: 500;" target="_blank">
                  <img alt="Daylight Robbery" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Ffinimize-img.imgix.net%252Fhttps%253A%252F%252Fchivas-assets.s3-eu-west-1.amazonaws.com%252Fstatic%252Fimages%252FEditorial-290825-Bank.original.png%253Ffit%253Dclip%2526h%253DNone%2526ixlib%253Dpython-3.1.2%2526w%253D768%2526s%253D521f6a460c378ad975c1d1df3164d199/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZmaW5pbWl6ZS1pbSIsInRpbWUiOjE3NTY1NDExMDguOTU0MTYwNX0:1usGaC:j2acPGDmVdtosjeRbmqC5G5_oUchKD7bVahKhoj7CAQ" style="border:0;border-radius:4px;display:block;outline:none;text-decoration:none;height:auto;width:100%;font-size:13px;" width="568"/>
                 </a>
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              <h4 class="text-body" style="font-family: 'Poppins', Helvetica, arial, -apple-system, sans-serif; font-weight: 700; line-height: 1.25; margin-bottom: 16px; color: #171E27; font-size: 16px; font-family: 'Poppins', Helvetica, arial, -apple-system, sans-serif; margin-top: 0;">
              </h4>
              <p style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
              </p>
              <p data-block-key="koaz8" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               <b>
                What’s going on here?
               </b>
              </p>
              <p data-block-key="6oqte" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               News spread that the UK government might help itself to British banks’ cash – and investors didn’t hang around for the heist.
              </p>
              <p data-block-key="e2qie" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               <b>
                What does this mean?
               </b>
              </p>
              <p data-block-key="f9p9q" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               The UK government is under pressure to bring in revenue
               <i>
                without
               </i>
               borrowing any more money. And banks are an easy target, especially after their recent bumper results. So, a leading think tank proposed taxing some of the interest that banks earn on cash – a plan that could raise some £30 billion (over $40 billion).
              </p>
              <p data-block-key="3e8iq" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               🔻 Investors punished the stocks of Britain’s biggest banks –
               <b>
                NatWest
               </b>
               ,
               <b>
                Lloyds
               </b>
               , and
               <b>
                Barclays
               </b>
               – after hearing the news.
              </p>
              <p data-block-key="dt854" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               The banks’ head honchos aren’t exactly over the moon. Their argument: they’re already among the UK’s biggest taxpayers, and another levy would make it harder for them to invest. That could hold back the banks’ share valuations, which are trailing US peers as it is.
              </p>
              <p data-block-key="2o2vt" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               <b>
                Why should I care?
               </b>
              </p>
              <p data-block-key="88prm" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               <b>
                <i>
                 Zooming in:
                </i>
               </b>
               <i>
                You get a tax, you get a tax, everyone gets a tax!
               </i>
              </p>
              <p data-block-key="9bfkp" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               Banks may be today’s focus, but the government’s scramble for cash runs far deeper. Proposals range from an annual property tax on homes over £500,000 ($673,000) to new levies on landlords’ rental income and cuts to pension perks. Add in forecasts of 5% unemployment – the highest since the pandemic – and it’s clear that savers, homeowners, and workers are all joining banks in the firing line. The risk: British economic growth gets squeezed even harder.
              </p>
              <p data-block-key="efc4p" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               <b>
                <i>
                 The bigger picture:
                </i>
               </b>
               <i>
                Le freak ain’t chic.
               </i>
              </p>
              <p data-block-key="dva0d" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               If you’re investing in Europe, the UK’s tax raid isn’t the only news to keep an eye on. France is heading into a confidence vote in September that could topple its government. The uncertainty has rattled stock and bond markets, with French borrowing costs brushing crisis-era highs. Add in weak economic forecasts across Europe, and it seems the region’s “cheap” stocks may be that way for a reason.
              </p>
              <p style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; margin: 0;">
              </p>
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               <b>
                You might also like:
               </b>
               <a style="color: #204CE9; text-decoration: underline; font-weight: 500;">
                A stealth defense stock play for your portfolio
               </a>
               .
              </p>
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                  <strong>
                   Copy to share story:
                  </strong>
                  <a class="text-black60 font-normal" style="text-decoration: underline; font-weight: 400; color: #71767B;" target="_blank">
                   https://app.finimize.com/content/daylight-robbery
                  </a>
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                  QUOTE OF THE DAY
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                 <p class="font-heading font-bold text-navy leading-snug mb-2 text-subtitle" data-block-key="cygyq" style="margin-top: 0; font-family: 'Poppins', Helvetica, arial, -apple-system, sans-serif; font-weight: 700; line-height: 1.375; margin-bottom: 8px; color: #0C73EC; font-size: 20px;">
                  "Worry is interest paid on trouble before it comes due."
                 </p>
                 <span class="text-caption font-normal text-blackLight leading-normal" style="font-weight: 400; line-height: 1.5; color: #3C4857; font-size: 12px;">
                  – William Inge (an American playwright and novelist)
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                       <p class="content-box-header mb-4" style="line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; font-weight: 900; font-size: 16px; margin-bottom: 16px;">
                        🎯 On Our Radar
                       </p>
                       <p data-block-key="wnzwo" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
                        1.
                        <b>
                         New prank unlocked: scaring an entire country… for nothing.
                        </b>
                        <a style="color: #204CE9; font-weight: 500; text-decoration: underline;">
                         Japan faked a Mount Fuji eruption
                        </a>
                        .
                       </p>
                       <p data-block-key="26jpe" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
                        2.
                        <b>
                         Forget your “acts of service” love language, embrace “efficiency” instead.
                        </b>
                        Using a colored calendar could
                        <a style="color: #204CE9; font-weight: 500; text-decoration: underline;">
                         rescue your relationship
                        </a>
                        .
                       </p>
                       <p data-block-key="3h7jn" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; margin: 0;">
                        3.
                        <b>
                         Answer as if your life depends on it.
                        </b>
                        This quiz reveals whether
                        <a style="color: #204CE9; font-weight: 500; text-decoration: underline;">
                         you’d survive in the wilderness
                        </a>
                        .
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                    . Unlike traditional ETFs, or even other leveraged and/or inverse ETFs, these leveraged and/or inverse single-stock ETFs track the price of a single stock rather than an index, eliminating the benefits of diversification. Leveraged and inverse ETFs pursue daily leveraged investment objectives, which means they are riskier than alternatives which do not use leverage. They seek daily goals and should not be expected to track the underlying stock’s performance over periods longer than one day. They are not suitable for all investors and should be utilized only by investors who understand leverage risk and who actively manage their investments. The Funds will lose money if the underlying stock’s performance is flat, and it is possible that the Bull Fund will lose money even if the underlying stock's performance increases, and the Bear Fund will lose money even if the underlying stock's performance decreases, over a period longer than a single day.
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