The end of August and Labor Day Weekend are upon us! As usual, the year is flying by, except if you’ve been following the markets. In that case it’s felt like 2022 has dragged on for decades. Let’s see what the end of the year has in store for us.
Here’s what I’ve been reading this morning:
‘It’s Different This Time’ – Michael Batnick – The Irrelevant Investor
- Over the last handful of years, the market seemed to lull people to sleep. In a good way. However, for the first time in years we’ve spent a relatively long time away from all-time highs. Michael explains why this market environment is different.
‘Retirees Aren’t the Only Ones Who Face Sequence Risk’ – John Rekenthaler – Morningstar
- You mainly hear about sequence risk of returns regarding people who have just retired, are no longer earning money, and have started drawing on their savings. However, John writes about why sequence risk matters for workers too.
- The rising cost of living has impacted people in many different aspects, and long term care planning is no exception. This article discusses how some timely planning ahead can help families make long term care more affordable.
‘Why Workers Have the Upper Hand in the Labor Market Right Now’ – Greg Iacurci – CNBC
- Layoff rates are low, job openings are high, and the workers looking for work seem to have the upper hand. This article discusses the current state of the labor market, and why it may not last for a long time.
ENJOY!
