Wednesday Reading List
Are You Ready For Thanksgiving?
At Heritage we have an obsession with helping our clients plan ahead, prepare for the worst, and hope for the best. This week our enthusiasm for planning reaches far beyond finances. We are sharing a few resources to help make sure you are prepared for Thanksgiving. Our 2022 Thanksgiving forecast predicts larger gatherings than we’ve seen over the past few years. Plan for more turkey, football, and conversation.
Sam Bankman-Fried and the spectacular fall of his crypto empire, FTX
Well this happened and it’s kind of confusing. If you care to understand it, this is a link to an article and a short podcast that does a great job with it..
See also: SETTING THE RECORD STRAIGHT ON CRYPTO, FTX, SAM BANKMAN-FRIED, JAMIE DIMON, THE SEC AND CFTC, AND THE REVOLVING DOOR and Bitcoin in your 401(k)? Senators intensify pressure on Fidelity to reconsider crypto in retirement plans.
Risk for 2023: China Reopening
China’s zero-Covid policy has been a bit of a mess and not good for its economy. Here’s what could happen on the inflation front if they ease it.
In his latest memo, Howard Marks lays out what matters and doesn’t with investing. It’s a master class memo worth the read (or listen to the podcast version here).
How to Avoid Arguing Over Money
The holidays mean spending time with family and spending more than usual. Both can lead to arguing about money. Here’s how to minimize the damage.
Read Abraham Lincoln’s 1863 Proclamation that Made Thanksgiving a National Holiday
Thanksgiving was intended by Lincoln as a peaceful interlude during the Civil War. Black Friday shopping and having to watch the Detroit Lions were unanticipated negative consequences.
Book Recommendation
Our First Civil War: Patriots and Loyalists in the American Revolution by H.W. Brands
From best-selling historian and Pulitzer Prize finalist H. W. Brands comes a gripping, page-turning narrative of the American Revolution that shows it to be more than a fight against the British: it was also a violent battle among neighbors forced to choose sides, Loyalist or Patriot.