The market is coming off of one of its best weeks of the year, so let’s see how things shake out now moving forward into the second week of June! Things will likely continue to hinge on the economic data and what the Fed does, but it’s been a pretty impressive first half of the year so far.
Here’s what I’ve been reading this morning:
‘Why Down & Sideways Markets are Bullish’ – Nick Maggiulli – Of Dollars and Data
- The market isn’t always moving up or down. There are plenty of times when the market just treads water and moves sideways. When a sideways period in the market comes after a swift move down, that tends to be a relatively good sign for things to come. Nick explains why in this post.
‘The Worst Housing Affordability Ever?’ – Ben Carlson – A Wealth of Common Sense
- Even though the housing market has been flying high since the pandemic started over 3 years ago, the rapid rise in interest rates last year has made this current housing environment even worse for people searching for an affordable home.
‘Playing Poker With the Devil’ – Tony Isola – A Teachable Moment
- In this post, Tony talks about the two types of aid students can get from colleges. The first, need based, is relatively cut and dry. But the second, merit based, seems like a rigged game that colleges change every single year.
‘Even as Inflation Rates Subside, Prices May Stay Higher’ – Lorie Konish – CNBC
- The top line numbers of inflation have been on a consistent trend down this year, but when will you start seeing the impact of that in stores? This article outlines why prices still may stay higher for longer.
ENJOY!
