Have you been looking for somewhere to find short, informational, timely videos about what’s going on in the markets and the economy? Look no further! Click HERE and subscribe to the Mullooly Asset Management YouTube channel.
Here’s what I’ve been reading this morning:
‘A Shock to Lending Standards’ – Josh Brown – The Reformed Broker
- Want to know where the economy is heading? Josh has the one chart that you need to keep an eye on. He explains why construction and industrial loans are so important to the economy and the direction we’re heading.
‘Hike, Pause, Cut’ – Michael Batnick – The Irrelevant Investor
- The last year or so has been a tumultuous one for the Fed. Showing up late to the inflation party and raising rates after the fact. Raising them so aggressively that things are starting to break. Michael breaks down the Fed’s rate hiking tendencies in his latest post.
‘How to Build Generational Wealth (All You Need to Know)’ – Nick Maggiulli – Of Dollars and Data
- It’s hard enough to build regular wealth, let alone generational wealth. In this post, Nick discusses how folks can try to build wealth that can be passed down from generation to generation.
‘Bets Against Signature Bank Stock Paid Off – on Paper, at Least’ – Gunjan Banerji – The Wall Street Journal
- The thing about some options positions is that even if it works out on paper, you still actually need to close the position in real life to make any money. This article discusses how some brokers are making it difficult to close positions on Signature Bank stock.