Today in Markets & Money: “Winners, Losers & Weirdness”

🏆 Winners of the Week: Savers

Treasury yields are steady around 4% (1-year at 3.83%, 10-year at 4.24%). That’s boring but beautiful if you’ve been sitting on cash. For once, savers aren’t the punchline.

😬 Losers of the Week: House Hunters

30-year fixed mortgage? 6.56%. That’s a full 2 points above the 10-year Treasury. Translation: lenders are squeezing, affordability is in the toilet, and “starter home” now means “400 sq ft condo with avocado green tiles.”

📈 Stocks: Just Vibin’

The S&P 500 crept up +0.35% to 648.92. Volume was 61M. High of 649.48, low of 645.34. Basically, the market is cruising into Labor Day weekend on autopilot.

🤔 Weird but True

Core CPI is stuck at 328.66 and inflation expectations are boringly stable at ~2%. But the Fed Funds Rate is still 4.33% — which is like paying Whole Foods prices for Costco vibes. Stable doesn’t always mean cheap.

💡 Money Move of the Day

If your savings account pays <4%, your bank is robbing you in broad daylight. Move that cash to Treasuries or a real high-yield account while rates last. Free upgrade.

👋 This is why I built Ask Linc, an AI investing app: it takes today’s market (stable inflation, stubborn mortgages, sleepy stocks) and answers the one thing you really care about: “So what do I do?”

Ask Linc–style Question of the Day:
👉 “If mortgage rates stay stuck above 6.5%, should I keep saving cash for a down payment or invest part of it in bonds until the housing market loosens?”

That’s the kind of tradeoff Ask Linc helps you sort out → asklinc.com.