We’re coming off a pretty solid week in the markets, with the major indexes posting gains all around. However, that’s coming off a pretty terrible week just before it. So who really knows what this week will have in store, but let’s cross our fingers it’s nothing too bad!
Here’s what I’ve been reading this morning:
‘What if There is No Recession?’ – Mullooly Asset Podcast
- In this week’s podcast, Tom and Casey discuss how the market has priced in a severe recession, and what that means moving forward. The guys review the latest charts and data points they’ve been paying attention to. With many of them pointing to improvements in inflation.
‘Price Go Up’ – Michael Batnick – The Irrelevant Investor
- Whether you’re paying for a cup of coffee, or a gallon of gas, or anything in between, prices are going up all over the place. Michael writes about low sentiment levels, high inflation, and how stocks typically don’t like either.
‘Is the 60/40 Really Dead This Time?’ – Ben Carlson – A Wealth of Common Sense
- A highly discussed topic over the years has always been the life of the popular 60/40 portfolio allocation. It has been declared “dead” multiple times, but is it ACTUALLY dead this time? Ben takes a look at the current state of the 60/40 portfolio.
‘Pension Funds Plunge into Riskier Bets – Just as Markets are Struggling’ – Dion Rabouin, Heather Gillers – The Wall Street Journal
- It may seem counterintuitive with markets down across the board, but if you think about it, it actually makes sense. Pension funds have obligations to those collecting payouts, so with markets down, they need to take more risk to fill the gap. This article discusses what some pensions are doing.