As I mentioned yesterday, this morning we got the CPI readings from May 2023. Things came in pretty much as expected, so now the expectations shift to the Fed. Most people assume they will pause the rate hikes, but does that mean they’re done for good?
Here’s what I’ve been reading this morning:
‘The Consequences of a Baby Bust’ – Ben Carlson – A Wealth of Common Sense
- For a long time, people seemed to be worried about overpopulation. But following the COVID spike in death rates and slowing birth rates, should we be worried about a baby bust? Ben discusses the implications in this post.
‘Why Are Houses So Expensive?’ – Nick Maggiulli – Of Dollars and Data
- This is the main question being asked by so many Americans over the last few months. Nick takes a look at the housing market and how we got to the current environment.
‘1 in 5 Student Loan Borrowers at Risk of Struggling When Bills Resume’ – Annie Nova – CNBC
- Payments on student loans are set to resume this fall, barring any kind of further extension of the pause. This article outlines how many individuals are unprepared for the payments to resume after nearly 3 years of not having to pay.
‘The Rich Often Misjudge the Potency of Their Retirement Savings’ – Greg Iacurci – CNBC
- More than 25% of American households think they’re on track to maintain their lifestyle in retirement, but will end up falling short. This article stresses the importance of having a firm financial plan to know FOR SURE if you’re on a sustainable path or not.
ENJOY!
