Some of the best investing and personal finance articles from around the web.
Why you keep chasing the wrong stock market (Wall Street Journal). A tale of two markets and the importance of choosing the right reference point.
Fed says it’s unlikely to cut interest rates in 2023, even in recession. Markets don’t buy it (USA TODAY). When the Fed speaks, the market comes to its own conclusions.
Credit conditions worsen, and likely to worsen further due to debt ceiling debacle II (The Bonddad Blog). “In the past, more often than not, credit conditions were at their most tight even before recessions began."
Charting the rise of America’s debt ceiling (Visual Capitalist). Washington’s law: debt will always expand to reach the ever-rising ceiling.
Couples can soon put over $10,000 a year into health savings accounts (Wall Street Journal). It’s the largest-ever increase.
The ABCs of Medigap policies (Getting Your Financial Ducks in a Row). A cheat sheet for those trying to make sense of Medigap’s alphabet soup.
New study shows ties between personality, estate planning (Think Advisor). “Know thyself” — taking this advice will help sort out a wide variety of financial issues.
Stock market tops, bottoms, and middles (A Wealth of Common Sense). “If I had to boil down risk preference in the stock market into one question it would be this: When do I need the money?”
Protecting seniors (Humble Dollar). Caring for aging parents isn’t easy, but it’s the right thing to do.
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