The market is trying to make up its mind about what the employment/inflation/economic numbers mean. The last few days have been down, but so far today we’re up, and on and on we go. That’s the tough part about the market. Knowing the data is one thing, but knowing how people will react is impossible.
Here’s what I’ve been reading this morning:
‘Let’s Talk About Inflation’ – Cullen Roche – Pragmatic Capitalism
- With the latest CPI numbers out, Cullen dedicated his latest post to discussing the current state of inflation in the US. He stresses the importance of not overreacting and writes about why this isn’t a return to the 1970’s.
‘Building Wealth and Losing Weight Have Something in Common’ – Tony Isola – A Teachable Moment
- Tony draws comparisons between weight loss and investing in his latest post. Some things that we think add value, or help speed up both processes, don’t actually do all that much. And the real formula for success is quite simple.
’10 Questions People Only Ask in a Bull Market’ – Michael Batnick – The Irrelevant Investor
- Michael shares the most commonly asked question to his podcast inbox. It’s a question that people really only ask when markets are good. He then shares ten questions people only ask in bull markets.
‘NYC is Latest to Adopt an “Auto-IRA” for Workers Without Job-Based Plans’ – Sarah O’Brien – CNBC
- Saving for retirement is crucial, and people are more likely to save for retirement if they have a workplace retirement plan. However, not everybody does. This article outlines how NYC is trying to help fix that problem.
ENJOY!
