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GCA Forums Daily Headline News for Friday February 28, 2025
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The investigation surrounding Jeffrey Epstein uncovered documents listing multiple high-profile names in Hollywood, including Alec Baldwin, Michael Jackson and Mick Jagger. There is no confirmed relationship or connection between the convicted sex trafficker and the celebs listed in newly-released materials by the Department of Justice. The names of President Trump’s ex-wife Ivana Trump, and their daughter, Ivanka, were also found during Epstein’s investigation. The New York financier died by suicide in his jail cell in 2019.
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Another Scandal ROCKS California While McDonalds Considers Leaving the State As California’s economy settles into a period of prolonged stagnation, consumers are facing a battle with continued higher prices, from everything from gas, to rent, to home prices, to food, and more. California’s finances are so bad in fact, they are contending with a $45 billion dollar annual deficit, and in the wake of the Governor announcing his plans on how to address it, a new major scandal came to light. Make sure to watch the video to find out what happened!
https://youtu.be/xXtysIEu8vE?si=aF17iq8MWH_sGLc_
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Sapna Sharma.
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Hollywood Worst Alcoholics Stars Who Were Drunk All The Time
Hollywood, is the land of fame, fortune, and dreams. But behind the glamour, many stars had dark secrets. Why did so many legendary actors struggle with alcoholism? Did fame destroy their lives? Or was the pressure of Hollywood too much to handle? Why did Rita Hayworth’s beauty fade into a life of confusion and addiction?
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New Federal Bureau of Investigation (FBI) Director Kash Patel is reducing the agency’s footprint in Washington, D.C., by sending thousands of agents to field offices.
Get the full story and more at GCA FORUMS NEWShttps://youtu.be/n2wnnRtq93A?si=_MevqeHi3WaB8kcc
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This reply was modified 1 month, 3 weeks ago by Sapna Sharma.
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Greg Bishop reviews recent comments from both sides of the aisle at the Illinois Statehouse about recent actions from the U.S. Department of Justice concerning migrant sanctuary policies and others calling for a Department of Government Efficiency to come to Illinois.
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Twelve Billionaires Behind Bars—Past and Present. They built empires, controlled billions, and lived lives of unimaginable luxury—until it all came crashing down. From a drug kingpin whose twelve-point-six billion dollar empire crumbled, to a businessman serving a staggering one hundred ten-year sentence, these billionaires learned the hard way that money can’t buy freedom. Once powerful and untouchable, they now live behind prison walls, paying the price for their crimes. Here are twelve of the richest people who fell from grace and landed in a prison cell.
https://youtu.be/ScUqWN0k5pc?si=aGNSJLlvOxBDM9oU
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This reply was modified 1 month, 3 weeks ago by Sapna Sharma.
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Tucker: “She Is The Most Beautiful Female Fox News Anchors of All Time!” If brains and beauty could ever be perfectly described, it would be the anchors Fox News has brought on over the years. These women know how to dominate the screen, and Fox News sure knows how to pick the best of the best. With their sharp minds and stunning looks, these anchors have set the standard for being the finest in the industry. So, who are the 20 most beautiful female Fox News anchors of all time? And what made Fox News choose them over the rest? Let’s find out! Disclaimer: The content provided in our videos is created for educational and entertainment purposes only. While we incorporate a blend of facts, rumors, and fictional storytelling, no part of our content should be interpreted as factual or definitive information. We encourage viewers to approach our material critically and enjoy it responsibly. Eternity takes great care to produce original, transformative content that aligns with all legal standards, including licensing and fair use. Our mission is to engage and educate our audience through unique and thought-provoking material. The views and opinions expressed on this channel represent those of the creators and are not intended to mislead or provide authoritative information. We are committed to upholding the integrity of our content. Any false copyright claims or misuse of YouTube’s copyright system to issue unwarranted strikes against our channel will be taken seriously and addressed by our legal team. We value the trust and support of our viewers and remain steadfast in maintaining high-quality, compliant content.
https://youtu.be/oT4hf_vxSYo?si=L0xs1Y5NJEykG3tt
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This reply was modified 1 month, 3 weeks ago by Sapna Sharma.
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Ten year treasuries at 4.20%. We go under 4.0%, mortgage rates on FHA loans should be under 4.0%.
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The lower the 10 year treasuries it drop rates.
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The financial crisis accelerates. Peter Schiff talks about tariffs, the housing market crisis, expected higher mortgage rates, stagflation, bitcoin, stock market concerns, and more. We’re at the end of kicking the can down the road; economic pain will be worse than the 2008 Global Financial Crisis (GFC).
Historically known economist Peter Chief warned that a looming financial disaster is on the horizon, and it may be more severe than the 2008 Global Financial Crisis (GCF). According to him, American tariffs, the housing sector, stagflation, Bitcoin, mortgages, and the stock market support his argument. His critique on tariffs is particularly unique.
Tariffs and Economic Impact
Peter Schiff says treating tariffs on foreign products as punitive taxes is inappropriate, unfair, and misleading. They are taxes aimed at boosting local production, and indeed, local consumers are on the losing side of it. There is even an increase in the price of goods and services, which is not good for the economy. In the podcast, he talks about how these policies could harm the economy.
Housing Market and Mortgage Rates
An ample supply of homes seems unlikely. If anything, they will be more expensive in 2024. A good example would be California, where new forecasts suggest median prices will go up as new supply lags behind strong demand. Three-bedroom homes are on their way to achieving an astonishing price of $860,300. The market will continue to appreciate in the years to come.
Gustan Cho Associates
- High long-term interest rates are not something homebuyers want to see, but they will get it eventually.
- High long-term interest rates mean they are paying high mortgage rates, which means little activity in the housing market or the opposite, making it more active.
- For most Americans, it will mean paying more to house their families.
This situation may be very similar to or worse than the housing crisis that stemmed from the Global Financial Crisis of 2008.
Concerns of Stagflation
Stagflation—defined as slow economic growth along with high rates of inflation—is a noteworthy problem in Schiff’s reasoning. He states that current economic policies have the potential to create this outcome, which will be extremely difficult for policymakers and the economy to deal with. In his podcast, he explains the signs and possible outcomes of stagflation.
Outlook on Bitcoin and Cryptocurrency
Schiff still doubts cryptocurrencies’ usefulness as a reliable means of storing value. He warns that, with any catastrophic economic event, it would be nearly impossible to rely on assets such as Bitcoin because they will be subjected to extreme market volatility.
Vulnerabilities in the Stock Market
Schiff points out some of the stock market’s weaknesses and suggests that a combination of overpriced stocks and poor economic management may produce a drastic decline in the market. He stresses that in the face of an economic crisis, caution in investment policies would be necessary.
Tackling Tough Economic Times Ahead
In relation to these analyses, people and firms must carefully consider their economic conditions. This means examining the value of their investment portfolios, preparing for increasing interest rates, and actively following changes in economic policy.
People engaged in the housing market, regardless of whether they are buying, selling, or refinancing, need to consult with sophisticated market participants who can guide them through current economic challenges.
For example, Gustan Cho Associates has extensive knowledge of helping clients with their mortgage and real estate needs in all 50 states, including Puerto Rico, Washington D.C., Guam, and the U.S. Virgin Islands.
As new economic changes occur, staying ahead of the curve is important to manage any economic threat while taking advantage of any possible opportunity.
To learn more, take a look at Peter Schiff’s take on the possible factors of a developing financial crisis:
Housing market prices and inventory report:
Looking to buy or sell? Need a mortgage? The team at Gustan Cho Associates NMLS 873293 efficiently assists buyers, sellers, landlords, and tenants in Illinois and across all 50 states, including Puerto Rico, Washington, DC, Guam, and the United States Virgin Islands, to qualify and get pre-approved.
Main Office: 800-900-8569
Email alex@gustancho.com
Gustan Cho Associates NMLS 2315275
17W662 Butterfield Road, Suite 305
Oakbrook Terrace, Illinois 60181
https://youtu.be/4ORLm4-1UTE?si=Nb6fWJWHMVR5CZXs</div>
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This reply was modified 1 month, 3 weeks ago by Gustan Cho.