It’s just an observation, but it felt like the month of March last a year, and the month of April lasted half a week. In any case, here we are on May 1st. Hopefully better things are on the horizon!
Here’s what I’ve been reading this morning:
‘What’s the Catalyst?’ – Michael Batnick – The Irrelevant Investor
- The market dropped about 30%, and then rallied about 30% despite historic unemployment numbers and other rough economic data. As Michael writes, the market wasn’t rallying because of these bad numbers, so what exactly is going on?
‘For Many Small Businesses, U.S. Coronavirus Aid Falls Short’ – Yuka Hayashi – The Wall Street Journal
- It’s been a few weeks since the PPP loans were initially dished out to some small businesses, and this article dives into how for MANY businesses out there it wont be enough. The funds may be enough, but they might be able to use them for the right purposes.
‘What is the Average Net Worth in America?’ – Nick Maggiulli, Josh Brown – The Compound
- Nick and Josh discuss a recent post from Nick looking at the average and median net worth in America. They also discuss the your net worth varies with different degrees of schooling. They look at high school education versus college degrees and more.
‘How to Stay Disciplined (and Why It’s Important Now)’ – Alex Bryan – Morningstar
- While it’s always important to be a disciplined investor, it’s especially important today. This article looks at how the coronavirus has affected the market, and what investors should do about it (if anything at all).