And just like that, we’re into the final week of February. It’s remarkable to think back one year and realize this was the “beginning of the end” of “normal life” in 2020. Turning the page into March 2021 will definitely have surreal feeling to it.
Here’s what I’ve been reading this morning:
- It’s comforting when there are general rules of thumb for scenarios in the market. However, Ben illustrates how there really is no reliable rule of thumb for market performance in a rising rate environment. He looks back throughout history to check the numbers.
‘Have Fun Staying Poor’ – Nick Maggiulli – Of Dollars and Data
- Last week Nick sold half of his position in Bitcoin in a standard rebalancing of his assets. Of course, the Bitcoin Twitter crowd was all over this decision. Nick writes about how what’s happening with bitcoin now is nothing like the post-WWI Germany environment.
‘Inflation Problems Depend on Where You Look For Them’ – Jon Hilsenrath – The Wall Street Journal
- Looking for “inflation” in the economy is a really broad term. What kind of inflation? Inflation in which parts of the economy? This article looks at how regular consumer prices may not be rising, but asset prices could be experiencing inflation.
‘Poor Old Me’ – Jonathan Clements – Humble Dollar
- There are a lot of opinions about when to take Social Security. In this post, Jonathan takes a look at the idea of taking Social Security earlier because you’ll enjoy the money more in your 60’s and spend less later in life anyway.
ENJOY!
