We received a new CPI number this morning as inflation worries continue to frighten investors. We discussed inflation and our thoughts on the matter in last week’s episode of the podcast. You can listen in here if you haven’t already.
Here’s what I’ve been reading this morning:
‘Wall Street Extrapolators’ – Tom Mullooly – Jersey Shore Financial Advisor
- Last Friday we got the jobs report and the numbers were WAY off from expectations. In Tom’s latest post, he writes about these expectations and how Wall Street loves to extrapolate data.
‘Living Through a Wreckage’ – Michael Batnick – The Irrelevant Investor
- Michael walks readers through some numbers for some popular stocks during the early stage of the pandemic. He then goes on to explain how we have returned to “second-level thinking”, and how it’s negatively impacting these same names.
‘Not So Different’ – Jonathan Clements – Humble Dollar
- Jonathan illustrates the last handful of serious market declines going back to 2000. While investors love to say that “this time is different”, Jonathan points out a handful of similarities that happen almost every time the market drops.
‘Want to Earn More on Your Cash? Trying Lending to a Family Member’ – Peter Lazaroff – The Wall Street Journal
- Considering the fact that most money market accounts are offering only about 0.5% on your money right now, Peter writes about how lending directly to family members could be a way to boost your rate of return.