Wednesday Reading List
Expectations are like a debt that must be repaid before you get any joy out of what you’re doing.
Morgan Housel
ICYMI: Invest(or) Performance Matters Most – Three specific takeaways to help you earn as much as your investments and avoid the investor return gap.
June Market Update: Resiliency Remains – The debt ceiling distraction is behind us for a couple of years, so this month we’re taking a closer look at the Fed’s next move, Nvidia stock, and why to be wary about the S&P 500.
Using Debt to Build Wealth by Heritage Financial
With the cost of borrowing changing drastically over the past year the debt decision-making process has become more difficult.
If you’re a commercial property giant, Shark Tank star Barbara Corcoran has some bad news for you: The market is going to get much worse before it gets any better.
Chart of the Week
Goals by Scott Galloway
Pro tip for dads: Your kids don’t inherit your interests — it’s your job to foster and adopt theirs.
Weekly Commentary by BlackRock
The U.S. debt ceiling deal removes near-term uncertainty – we now expect markets to focus on the macro picture. We see higher-for-longer rates, so we keep our quality tilt in equities and bonds and prefer income for now.
Why Your Steak Is Getting Pricier by The Wall Street Journal
Ranchers are shrinking cattle herds because of drought and high costs, cutting down the nation’s supply of beef. That threatens to push prices for steaks and burgers to records.
Inside the Meltdown at CNN by The Atlantic
CEO Chris Licht felt he was on a mission to restore the network’s reputation for serious journalism. How did it all go wrong?
Expectations Debt by Morgan Housel
There’s a stoic saying: “Misfortune weighs most heavily on those who expect nothing but good fortune.”
The Cowardly End of Golf’s Civil War by The Ringer
The PGA Tour announced Tuesday that it will join with LIV Golf and the DP World Tour to become a new entity funded by the Saudi Arabia Public Investment Fund. What this signals for each specific tour is unclear, but the financials are the guiding principle.
Mid-Year Outlook: Global Stocks and Economy by Charles Schwab Asset Management
Jeffrey Kleintop’s latest: The drama characterizing the first half of 2023 may abate, with potentially milder returns for investors due to effects from the Cardboard Box Recession.
American Predator: The Hunt for the Most Meticulous Serial Killer of the 21st Century by Maureen Callahan
Ted Bundy. John Wayne Gacy. Jeffrey Dahmer. The names of notorious serial killers are usually well-known; they echo in the news and in public consciousness. But most people have never heard of Israel Keyes, one of the most ambitious and terrifying serial killers in modern history.