Here's our latest Money Roundup, with recent articles of interest on investing, personal finance, and stewardship.
Jerome Powell says interest rates likely to rise further (Wall Street Journal). "We're close, but there's a little further to go with rate hikes."
LEI for the U.S. declined further in May (news release, The Conference Board). The index of leading economic indicators has declined for 14 months in a row and "continues to point to weaker economic activity ahead."
The bulls are back in town (Nick Maggiulli, Of Dollars and Data). A new bull market appears to be upon us, driven by "an exceptionally small number of stocks."
How returns happen (Rubin Miller, Fortunes and Frictions). "Markets rise, fall, crash, burn, recover, and then, at some point, they rip higher — without ever telling us when it's about to occur."
Staying the course (Adam Grossman, Humble Dollar). Often, the best investing advice is, "Don't do something. Just stand there."
Here's how much you can make and still pay 0% capital gains taxes for 2023 (CNBC). You might be able to sell profitable assets without tax consequences.
Best credit card rental car insurance study | Best credit cards with travel insurance (Wallet Hub). Some of these cards have a hefty annual fee, but if you travel a lot, the fee may be worth it.
The little-known way parents are beating college tuition hikes (Wall Street Journal). An article about the pre-paid Private College 529 Plan — available via 300 private schools.
The FDIC has accidentally released a list of companies it bailed out for billions in the Silicon Valley Bank collapse (Bloomberg via Fortune). Examples: A top venture-capital firm was covered for $1 billion, while a Beijing-based tech company got a $900 million backstop.
Biblical financial principles and 5 practical steps to live by them (Christian Stewardship Network). Knowing biblical precepts is good, but how do we put them into practice?
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