Why am I saving and investing?
After a week like last week, it’s an important question. There are many reasons people save and invest, including to:
It’s a good time for a gut check.
Last week, after sliding lower for four days, the Standard & Poor’s 500 Index recouped some of its losses on Friday. The reasons behind the week’s poor showing were diverse. Barron’s reported:
It’s a bird…It’s a plane…It’s a labor shortage!
U.S. Treasuries are offering a lesson in supply and demand.
As New York Fashion Week ended, inflation strutted its stuff.
Ever since the Federal Reserve began raising the Fed funds rate in 2015, analysts have been anticipating higher inflation. The fact that price increases remained relatively small was a perplexing mystery. Then, last week, inflation increased faster than expected.
Back to reality...
It was not a good week for stocks.
Last week, stock markets around the world lost value. In the United States, the Standard & Poor’s 500 Index (S&P 500), Dow Jones Industrial Index (Dow), and NASDAQ all finished lower.
The numbers are coming in.
Publicly-traded companies report their earnings and sales numbers for the previous quarter in the current quarter. For example, fourth quarter’s sales and earnings are reported during the first quarter of the year, and first quarter’s sales and earnings will be reported during the second quarter, and so on.
Last week, the United States government might as well have hung a sign on the front door of the Capitol that read, “Gone negotiating. We’ll be back in…however long it takes.”
Inflation, inflation, where’s the inflation?
The U.S. Federal Reserve has been raising interest rates in anticipation of higher inflation.
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