I’m sure you’ll see, read, and hear A LOT about the yield curve inverting today. The most important thing to remember with that news is to figure out what it means for YOU.
Whether it leads to a recession, or not, what kind of impact (if any) will this have on YOUR plan and YOUR future? The rest is unimportant.
Here’s what I’ve been reading this morning:
‘What’s Really Going on in the Stock Market?’ – Ashby Daniels – Retirement Field Guide
- On the 40th anniversary of the “Death of Equities” article, Ashby takes a look at the current stock market, what’s happened since, and what’s really going on today.
‘The DCF is the Randy Watson of Valuation’ – Drew Dickson – Albert Bridge Capital
- Discounted cash flows are great, but they’re also riddled with human biases. Drew spells out the flaws with the DCF.
‘Defining the Why of Investing Before the How or What’ – Jeremy Walter – Calibrating Capital
- A lot of advisors dive right into what they’re going to buy, or how they plan to invest, but Jeremy writes about the importance of figuring out WHY first.
- Ben writes about why inflation and interest rates matter when looking at CAPE ratios and other metrics for measuring stock valuations.
ENJOY!
