Unfortunately, there are NO Top Links for today!
… April Fool’s! I’m sorry, I know that was lame, but I couldn’t resist. Anyway, here are your usual daily links, and I hope everyone enjoys their weekend!
Here’s what I’ve been reading this morning:
‘How Do Interest Rates Affect Credit Card Debt?’ – Mullooly Asset Show
- Credit card users can expect to see increasing rates sooner rather than later. As the Federal Reserve increases their benchmark interest rate, banks are wasting no time in passing that through to consumers. In this week’s video, Casey offers guidance on how best to plan for and handle these rate increases!
‘Debiasing and Alpha’ – Drew Dickson – Albert Bridge Capital
- There are behavioral biases swirling around the financial markets every single day. Nobody is immune to them, but are there ways to potentially avoid some of the biases that other investors fall victim to? Drew outlines what their biggest biases are and also how they attempt to de-bias their research.
‘Why Financial Literacy is So Important’ – Michelle Fox – CNBC
- Increasing financial literacy around the country, across all ages, is something we believe strongly in here at Mullooly Asset Management. This article outlines why exactly financial literacy is so important.
‘Americans Were Great About Paying Their Debts in the Pandemic. Don’t Expect it to Last’ – Telis Demos – The Wall Street Journal
- When the economy shut down, some households found themselves with more cash to pay down debts. Now that the economy is alive and well again, debts have begun to rise and delinquencies are moving up as well.