We’ve reached the end of another week, and if you’re here at the Jersey Shore you could be in for a long, snowy weekend. If you’re looking for things to do during the blizzard, check out the Mullooly Asset Podcast!
Here’s what I’ve been reading this morning:
‘When Will the Stock Market Bottom?’ – Ben Carlson – A Wealth of Common Sense
- The million dollar, or perhaps billion (?), question. Stocks have had a very rough month of January and are on track for their fourth straight week of losses. So, when exactly is the market going to bottom?
- Don’t get us wrong, Amy is still going home with A LOT of money. But, this article outlines just how big of a tax hit she will take on her monumental winnings from Jeopardy.
‘U.S. Labor Costs Grew at Fastest Pace in Two Decades’ – Gabriel T. Rubin – The Wall Street Journal
- Working through the pandemic, we’re seeing a lot of record-breaking numbers in the economy over the last year. This article looks at the growing pace of labor costs in the US and what it means for the economy.
‘Why the Stock Market Hates the Idea of Rising Interest Rates’ – Greg Iacurci – CNBC
- I’m sure by now you’ve heard about the Fed and their incoming decision to raise interest rates from near zero. But why does it seem like that’s a bad thing for stock investors? This article breaks it down.
ENJOY!
