It’s Wednesday, so that means it’s time to remind you to go check out the Mullooly Asset Management YouTube channel! A new video was posted just a few days ago where Tom talks about your odds of making money in the stock market. Don’t miss out!
Here’s what I’ve been reading this morning:
‘A Mild Recession’ – Josh Brown – The Reformed Broker
- For a while now, the hot phrase used by financial pundits and media has been “a soft landing” from the Fed. However, Josh writes how the narrative is going to change to a new phrase – “a mild recession”. Find out why in his latest post.
‘Neglected Ideas’ – Jonathan Clements – Humble Dollar
- As Jonathan writes, the best ideas out there help us make better financial decisions while also understanding ourselves better. He lists out five extra, often neglected, ideas that fall into this same category.
‘Why Inflation is Less Likely to Hurt Retirees’ – Kate Dore – CNBC
- Inflation continued to rise in June, hitting 9.1%. Many Americans are worried about inflation withering away their purchasing power. This article discusses why retirees, who don’t spend as much on essential items, will feel the impact of inflation less.
‘Inflation at Highest Rate Since 1981: How Does Your Personal Inflation Rate Compare?’ – Greg Iacurci – CNBC
- While the overall number for CPI hit 9.1% in June, there are a handful of other inflation numbers that matter too. Different industries are feeling the impact of inflation more or less than other. This article talks about your own personal rate of inflation. The one that matters the MOST to you.