Here's our latest collection of news and commentary related to investing, personal finances, and stewardship. Enjoy!
At $2 million per minute, Treasuries mint cash like never before (Bloomberg via Advisor Perspectives). More than 90% of Treasury bonds and bills now carry coupons of 4% or more.
The worst bond bear market ever marches on (Ben Carlson, A Wealth of Common Sense). But "the future looks much brighter from here."
Probably the most frightening clip you'll ever watch on the people in charge of the US economy (Arnaud Bertrand via X). Related: Money printing (James Lavish via X).
China is buying gold like there's no tomorrow (New York Times via archive.today). "Beijing is buying up gold to diversify its reserve funds and reduce its dependence on the U.S. dollar." Related: China's holdings of U.S. Treasuries hit new lows (Variant Perception via X).
Social Security's outlook got a little better. It's no cause for celebration. (Barron's via MSN). "The long-term outlook remains grim" in the latest report from the Social Security Board of Trustees.
Should your 401(k) be eliminated to save Social Security benefits? (Kiplinger). This is one of the more radical ideas out there.
The new math of driving your car till the wheels fall off (Wall Street Journal). An increasing percentage of owners are squeezing more life out of their current ride.
4 reasons why you should set financial goals (Art Rainer via FaithFi). If you aim at nothing, you'll hit it every time.
Gen Z sinks deeper into debt (Wall Street Journal). "Inflation drives many to credit cards to cover costs." Related: Young Americans have more debt than ever (The Kobeissi Letter via X).
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