We wrap up another volatile week in the markets with a positive start on Friday morning. It’s been a news-driven year here in 2020, and it doesn’t seem like that will change during the final 6+ weeks of the year. If you’ve been riding it out so far, keep your seat belt on.
Here’s what I’ve been reading this morning:
‘Global Stock Markets = $95 Trillion’ – Barry Ritholtz – The Big Picture
- 2020 has been anything but a quiet year. If you knew what would happen in the world over the span of the last 11 months, would you have any confidence the global market cap would be at a record high?
’50-Year Old Asks: Is It Time For More Bonds’ – Christine Benz – Morningstar
- The traditional idea of asset allocation outlines a shift towards less stocks and more bonds the closer you get to retirement. Christine takes a look at a 50 year old couple’s situation to determine if now is the time to add more bond exposure.
‘A Work From Home Tax’ – Michael Batnick – The Irrelevant Investor
- Working from home is not a NEW idea in 2020, but it’s popularity (not exactly by choice) has skyrocketed this year. Michael writes about an interesting, and potentially controversial, idea called a work from home tax.
‘The Big Lessons From History’ – Morgan Housel – Collaborative Fund
- All of Morgan’s posts are incredibly good, but his longform pieces take things to a new level. In his latest longform post, he writes about the two kinds of history we can learn from.
ENJOY!
