Happy Cinco de Mayo to all my readers! Hopefully you can enjoy a refreshing margarita this evening! The Fed raised interest rates again yesterday, this time by 50 basis points. Yesterday, it seemed like the market took that as GOOD news, but today it’s BAD news? Go figure.
Here’s what I’ve been reading this morning:
‘It Gets Harder From Here’ – Michael Batnick – The Irrelevant Investor
- Investors have grown accustomed to V-shaped recoveries over the last few decades. Michael writes about why this likely isn’t the case moving forward. He ties in the 60/40 portfolio, and helps set expectations.
‘How Small Businesses Can Avoid Financial Missteps in an Inflationary Environment’ – Sharon Epperson – CNBC
- Inflation has the potential to impact a lot of people, and small business owners are no exception. This article digs into how business owners can sidestep financial mistakes due to inflation.
‘Attitude Adjustment’ – Josh Brown – The Reformed Broker
- Investors of this year are nothing like the investors of last year. The environment has gone through a MASSIVE attitude adjustment. Josh writes about this adjustment and the state of the market.
‘Here’s What the Fed’s Half-Point Rate Hike Means for Your Money’ – Jessica Dickler – CNBC
- For the first time since 2000, the Fed raised interest rates by 50 basis points yesterday. This means the base for rates moving forward now has a range of 75-100 basis points. This article talks about what all of that could mean for your money.