Wednesday Reading List

ICYMI: Don’t Bail on Your Bonds – High inflation and rate hikes have caused the bond market to struggle for the first time in a while. You’re tempted to bail on your bonds. Looking at one reason this makes sense and explaining why it doesn’t in other situations.

Doom and Gloom: When Will It End?

Bearish sentiment is becoming a contrarian support; but for now, aggressive Fed action, tightening financial conditions, and the liquidity drain may keep downward pressure on stocks.

Flush It Out

There has been way too much exuberance in financial markets over the past 5 years. It’s time to flush it out.

See also: Secular vs. Cyclical Markets (2022) – Since we don’t know what the future holds, it is useful to lean towards probabilities. My study of market history suggests that it is probable that this cyclical bear market will end later this year, and the secular bull market will reassert its uptrend.

Plain English podcastMarket Meltdown: We Are in the Middle of the Second Dot-Com Bubble

Investor and entrepreneur Jason Calacanis gives us a brief history of the 21st century tech industry, explains why this is like and unlike the summer of 2000, and makes some bold predictions about crypto and the economy

Bernanke says the Fed’s slow response to inflation ‘was a mistake’

Former Federal Reserve Chair Ben Bernanke said the central bank erred in waiting to address the inflation problem.

See also Worrying About Inflation

Should You Consider Home Cyber Coverage?

Most people don’t know that protection from cyber crimes is available from many insurance carriers. Better yet? It’s pretty affordable.

See also Personal Liability Protection

How Much Are 529 Plans’ Tax Benefits Worth?

The tax benefits of 529 education savings plans, though complicated, are worth knowing.

Investor Bulletin – Top 10 Investment Tips for College Students 

Here are ten important investment tips from the SEC’s Office of Investor Education and Advocacy to consider when opening any investment account.

Wealth Transfers

Astute investors appropriately focus on a management’s ability to invest in the business, but they should also pay attention to management actions with regard to buying and selling the company’s stock. 

Book Recommendation

JFK: Coming of Age in the American Century, 1917-1956 by Fredrik Logevall

A NEW YORK TIMES NOTABLE BOOK OF THE YEAR • A Pulitzer Prize–winning historian takes us as close as we have ever been to the real John F. Kennedy in this revelatory biography of the iconic, yet still elusive, thirty-fifth president.

See also: Best Presidential Biographies