Monday, July 15, 2024

News and Ideas Worth Sharing

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BUSINESS MONDAY: Spotlight on New Marlborough Meeting House—”preserving history, celebrating cultural creativity”

Almost two hundred years later, the Meeting House is still celebrated as a sacred space vibrant with programming to serve the local and surrounding communities.

CAPITAL IDEAS: From Maestro’s lips

When it comes to the movement of stock prices and how those prices reflect fundamental data, good vs. bad is largely irrelevant. What matters is not good vs. bad, but better vs. worse.

CAPITAL IDEAS: Jackson Holy Moly!

The chairman appeared to be sending a message to the White House that its trade war is pushing the U.S. toward a recession, and that the Fed may not have the tools to bail us out if that happens.

CAPITAL IDEAS: Your husband has a kept woman

Let’s face it: Most financial advisors are old white dudes like me, and old white dudes often don’t like to falter from traditional gender roles.

CAPITAL IDEAS: What’s your number?

According to the Employee Benefit Research Institute, currently 67% of workers are “very” or “somewhat” confident that they’ll be able to live comfortably in retirement. ... Their optimism is probably misguided, but I’m happy for them. Ignorance, as they say, is bliss.

CAPITAL IDEAS: Interest rate whiplash

Last week the Fed pivoted so quickly that all of us watching the press conference got whiplash. The Fed went from expecting two hikes in 2019 to zero. (It did maintain its estimate of one hike in 2020.)
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