Have you checked out the Mullooly Asset Management YouTube channel recently? If not, you should! Click here to find every episode of the Mullooly Asset Show from over the years.
Here’s what I’ve been reading this morning:
‘This is Why You Stay the Course’ – Ben Carlson – A Wealth of Common Sense
- Nobody said it would be easy, but staying the course with your investments over the long-term usually ends up being the right decision. Ben explains why this time staying the course was the right call.
‘Housing Inflation Will Almost Certainly Fall Soon’ – Greg Iacurci – CNBC
- Housing tends to be a large part of the economy here in the US, and shows up in the inflation readings typically with a lag. This article explains why some economists think a drop in housing inflation is almost a certainty in the second half of 2023.
‘Stock Market to the Fed: You Haven’t Done Enough’ – Greg Ip – The Wall Street Journal
- Interest rates have been on the rise for over a year now, and many are anticipating the Fed will pause rate hikes later today. However, this article outlines how higher stocks, low yields, and more is a sign that rates aren’t hurting the economy too much.
‘Retirees Biggest Fear is Outliving Their Assets’ – Lorie Konish – CNBC
- Naturally, this seems like a very real, justified fear for retirees. Once the paycheck stops coming in, it can be unsettling. This speaks to the need to have a firm retirement plan and constantly update it! This article outlines some tips for retirees to help combat that fear.
ENJOY!
