The summer of 2022 is on its last legs. And the market rally we saw from the middle of June seems to also be on its last legs. The markets have sold off pretty quickly following comments from Jay Powell last week. We’ll see if things turn around here in a new month.
Here’s what I’ve been reading this morning:
‘When Do You Want the Best Investment Returns?’ – Mullooly Asset Show
- Everyone wants good investment returns all the time. But if you had to choose, would you want them early on or later down the road? Casey answers this question and more in this week’s video.
‘Post-Pandemic Americans are Tipping Less Generously for Takeout’ – Jessica Dickler – CNBC
- During the pandemic, the service industry got flipped upside down. Places couldn’t have their patrons inside and turned to strictly takeout, or shutting down completely. Now that we’re essentially back to normal, this article discusses how some people may have “tip fatigue”.
‘Hopes for Fed Pivot Have Ended, Sapping Stocks’ Momentum’ – Akane Otani – The Wall Street Journal
- As referenced above, stocks have really lost their momentum over the last week or so following comments from the Fed. This article explains why investors may believe the Fed might not pivot and stay the course with rate increases.
‘Despite Recession Fears, Most Investors Haven’t Shifted 401(k) Assets’ – Kate Dore – CNBC
- Despite what you might have heard on TV, or from your co-workers in the break room, majority of 401(k) investors have NOT made investment changes with the market in a downturn.
ENJOY!
