The Mets clinched a postseason spot last night by beating the Brewers. It’s the first time since 2016 that they’ll be in the playoffs, and BOY have those 6 years felt like an eternity. It just goes to show that the tide eventually does turn back in your favor. Similar to the economy and the markets, sometimes you just have to sit on the roller coaster and ride it down to get back up.
Here’s what I’ve been reading this morning:
‘It’s All Relative’ – Michael Batnick – The Irrelevant Investor
- After getting some startling movie reviews from a few colleagues, Michael took a look at how expectations and circumstances might’ve factored in. Whether it’s a movie, a meal, or your investments – how good or bad things are is all relative. Michael explains more in the post!
‘Spending Without Regrets’ – Nick Maggiulli – Of Dollars and Data
- A viral Tik Tok got Nick thinking about the mental roadblocks some people put up when it comes to spending money. He writes about how to try and spend without regrets and what it takes to get to that point.
‘Rising Interest Rates Squeeze Stocks on Both Sides’ – Karen Langley – The Wall Street Journal
- We’ve seen how the actions of the Fed to raise interest rates have impacted stocks so far this year. This article discusses how rates rising are not only squeezing stock prices, but also the earnings and multiples of companies as well.
‘How High Inflation May Affect Which Tax Bracket You’re in Next Year’ – Kate Dore – CNBC
- Every year the IRS makes adjustments for a handful of things based off of inflation. This coming year, some folks are expecting larger than normal increases because of high inflation. This could impact tax brackets, contribution limits, and more!