We're posting this week's Roundup a day early. Tomorrow, look for our monthly DAA and Sector Rotation updates.
- The economy is bad but stocks are rallying. Here's one reason why. (Barron's). What matters, says one analyst, isn’t good news or bad news in an absolute sense, but whether new information is a positive or negative surprise.
- U.S. mortgage rates tumble to a record low for 30-year loans (Bloomberg via Yahoo!). The rate is lower now than at any time since Freddie Mac starting tracking mortgage rates in 1971.
- IRS allows mid-year changes to health plans, expands FSAs and more (Kiplinger). The IRS is permitting changes (because of COVID-19), but it's up to employers to decide whether to implement them.
- Here's how unpaid debt is handled when a person dies (CNBC). Each state has its own rules.
- Gold in Nevada: The real golden state (Visual Capitalist). The June SMI Newsletter has a couple of articles on gold, so this piece caught my eye. I had no idea that Nevada is such a large producer of gold.
And from the bloggers and pundits....
- How much of the bear market losses have been recovered? (Ben Carlson, A Wealth of Common Sense). No one knows what the rest of the year may bring, of course, but so far the bounceback has been remarkable.
- Happy 124th birthday, Dow Jones Industrial Average! (Eddy Elfenbein, Crossing Wall Street). Some interesting history here.
- Planning your retirement savings using expenses (not income) (Andy Hill, Marriage, Kids & Money – article and podcast). Obviously, you do have to think about income, but figuring out how to keep expenses low is just as important.
- Two-and-a-half-billion heartbeats (Robin Powell, The Evidence-Based Investor). One way to help keep expenses down as you get older is to stay in shape and guard your health. (Note: This is a UK-based site.)
- 200 of the all-time best money quotes (Tom Drake, Maple Money). Not quite 200 actually (because of a few duplicates) and not all are about money. Still, there are some gems here — along with a few with which I disagree.
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