Some of the best investing and personal finance articles from around the web — a day early this week because we’ll have a Tracker update for you on Friday.
Fed lifts interest rates yet again: what the experts are saying (Kiplinger). "Conditions have improved. The big question now is whether Powell is willing to see it. He’s been good at fighting the last war. The big risk now is that policymakers will remain too tight when it's no longer necessary.”
How interest rates & inflation impact stock market valuations (A Wealth of Common Sense). “If you were to tell investors two years ago that we were about to enter one of the most aggressive Fed hiking cycles in history combined with inflation reaching 9%, most would have assumed things would be a lot worse.”
Why is inflation so sticky? It could be corporate profits (Wall Street Journal). “There are signs that companies are doing more than covering their costs.”
These high yields are not going to last forever: Fed’s rate hike may be the last for now — time to say goodbye to 5% on CDs and savings? (MarketWatch). This may be a good time to lock in a high-rate CD.
What does the relative performance of equal weight S&P 500 mean? (The Big Picture). A continuation of the discussion started with our May cover article.
Berkshire Hathaway annual meeting best of (Neckar Substack). People will be quoting Buffett and Munger for many years to come.
Introducing — the ages of finance: a timeline of markets (Investor Amnesia). We know you like investing. If you like history as well, you’ll enjoy this.
Never stops raining (Humble Dollar). Why you should keep stocking an emergency fund in retirement.
Financial planning is perfectly imperfect (A Teachable Moment). Make sure the numbers in your plan are aligned with the life you feel called to live.
We’d love to hear your responses to any of the above. To weigh in, just meet us in the comments section.