I linked to it yesterday, but just in case you missed it, don’t forget to go check out the latest episode of the Mullooly Asset Show! You can find the link here.
Here’s what I’ve been reading this morning:
- Almost everybody reading this surely remembers the market crashing in the first few months of 2020 with the COVID-19 pandemic beginning. It was fast, sharp, and extreme. Nick writes about why this market “crash” might actually be worse, but why it might also be almost over.
- Inflation has been increasing the costs of almost everything for consumers here in 2022. Even with an emergency fund and savings, Americans find themselves falling deeper into debt because of the rising costs.
- It’s essentially a forgone conclusion at this point that the Fed will raise interest rates again this week. However, the market is “forward-looking”, so investors are trying to figure out what’s to come for the rest of the year and even into 2023.
‘A Giant Distraction to the Business of Investing’ – Ben Carlson – A Wealth of Common Sense
- The market has been bad in 2022. That is no surprise to anybody. Ben outlines how bad the top 10 stocks are getting whacked this year, but also discusses how the speed of a downturn is distracting from long-term progress. Going back to right before the pandemic, the S&P 500 is actually still +28%.
ENJOY!
