More inflation numbers came in this morning that point towards a slowdown, or cooling off, of peak inflation. The market, obviously, has reacted quite positively to this information. Let’s see if these good numbers can continue into next month and next year.
Here’s what I’ve been reading this morning:
‘Boring is Beautiful in Investing’ – Ben Carlson – A Wealth of Common Sense
- You may think to make the “big bucks” in the market you need to have complicated, complex investments. Not exactly! Ben talks about how, especially this year, boring is beautiful when it comes to picking investments.
‘Proof of Work’ – Nick Maggiulli – Of Dollars and Data
- We’ve seen tremendous things (both good and bad) in the crypto space over the last year or so. In this post, Nick highlights a few stories of unexpected wealth and how they should’ve been red flags for what was to come.
‘Good News is Good News’ – Michael Batnick – The Irrelevant Investor
- Last week we got the CPI numbers that sent the market skyrocketing higher. This morning we got more good inflation numbers and the market is up yet again. Michael wrote about how sometimes good news is actually good news for the market.
‘Here’s Why It May a While For Housing Inflation to Cool Off’ – Greg Iacurci – CNBC
- As we’ve noted, the overall inflation numbers saw a drop off over the last month. This article discusses why the housing market might see inflation stick around a little bit longer.
ENJOY!
