There has been a LOT of headlines the last few days concerning a handful of things that will impact a LOT of personal finances. Whether you’re impacted or not, now is a good time to review the state of our personal financial situation. The summer is (unfortunately) winding down, so let’s get back on track!
Here’s what I’ve been reading this morning:
‘The State of the Bounce’ – Michael Batnick – The Irrelevant Investor
- Stocks fell for pretty much the entire first half of 2022. However, since then, stocks have recouped more than half of their losses but seem to be hitting a bit of a snag recently. Michael discusses where the “bounce” is now.
‘How Unemployment Benefits Have Changed After Pandemic Programs Expired’ – Greg Iacurci – CNBC
- The unemployment landscape was sent into chaos during the height of the pandemic in 2020 and into 2021. However, the programs put into place then have expired. Greg outlines what you need to know when filing for unemployment now and moving forward.
‘Pension Funds are Selling Their Office Buildings’ – Heather Gillers – The Wall Street Journal
- Pensions sometimes need to take unorthodox gambles to meet their required rates of return. This article discusses how some pension funds are beginning to unwind some investments in office buildings with the changing landscape of in-person work.
‘What You Need to Know About Biden’s Student Forgiveness Plan’ – Annie Nova – CNBC
- I’m sure you are all aware, but yesterday a plan was announced to forgive some student debt for millions of Americans. Whether you’re impacted or not, it’s important to understand the details of what’s happening.