Another week means another episode of The 5! Here’s exactly what we covered this and how it’s affecting your wallet:

1. The US retailer isn’t dead yet – retail sales were reportedly up 17.7%.

2. Buy the dip hold true this time – the stock market dipped almost 6% and there’s a long road to recovery.

3. A second stimulus check is sounding highly likely – the HEROES Act is a $3 trillion stimulus plan that is currently being debated in the Senate.

4. There’s an extreme shortage of homes on the market – this has put us in a seller’s market in terms of supply and demand. 

5. There’s a high monthly pre-payment plan – which means that everyone is refinancing their home to payoff their existing mortgage due to how low interest rates are.

Watch on YouTube: https://youtu.be/KDH7z8vbNPI

Have questions about this week’s episode? Write us a comment below!