Businesses, Stock Markets & the Economy Watch or read-> G-7 Nations Sign Pact To Make Corporations Pay Fairer Taxes. “The pact supports a minimum corporate tax rate of at least 15% to make it more difficult for companies to avoid paying.” (AP) How the World Ran Out of Everything “Global shortages of many goods reflect the disruption of the pandemic combined with decades of companies limiting their inventories.” (The New York Times) How...

Businesses, Stock Markets & the Economy Bulls, Bears, and Long-Term Benefits of Stock Investing. “Stock returns are volatile, but nearly a century of bull and bear markets shows that the good times have outshined the bad times.” (Dimensional) Zillow ($Z) estimates home prices aren't cooling off any time soon. (zillow.com) Four lessons from the Crypto Crash including 'The 24/7 nature of crypto markets exacerbates volatility during a crisis.' (awealthofcommonsense.com) Your Finances & other Wealth Management links Why...

Businesses, Stock Markets & the Economy New results on Work From Home (Marginal Revolution, Tyler Cowen) “COVID-19 drove a mass social experiment in working from home (WFH). We survey more than 30,000 Americans over multiple waves to investigate whether WFH will stick, and why. Our data say that 20 percent of full workdays will be supplied from home after the pandemic ends, compared with just 5 percent before. We develop evidence on...

Businesses, Stock Markets & the Economy Inflation is Here. But is it Here to Stay? (Michael Batnick) “The bad news is prices are rising. The good news is we can explain why. Matthew Klein at Barron’s wrote that “Most of that increase, however, can be attributed to a few categories that collectively account for just 13% of consumer spending.”” Your Finances & other Wealth Management links The pandemic drove these Americans into early retirement. What...

Businesses, Stock Markets & the Economy 10 Things You Shouldn’t Care About as an Investor (Ben Carlson, CFA) Global Diversification Can Make a World of Difference (Dimensional) Your Finances & other Wealth Management links Car rental rates are through the roof: Here’s what you can do to save money (Los Angeles Times) Is travel insurance worth it now? (HuffPost.com) 8 Reasons Why Renting Isn’t “Throwing Money Away” (moneyning) The Environment & ESG (Environmental, Social & Governance) Investing Visualizing...

Businesses, Stock Markets & the Economy Stock Market Returns Are Anything But Average (Ben Carlson, CFA) “From 1926-2020, the average return for the U.S. stock market was basically 10% per year. Investing in the stock market would be way easier if you could simply bank on 10% year in and year out. Unfortunately, it doesn’t work that way.1 If stock market returns were consistent each year, there would be no risk. If there was...

Businesses, Stock Markets & the Economy Dimensional at 40: Timeless Lessons from My Decades in Finance (By David Booth, Executive Chairman and Founder of Dimensional) “…I believe people keep falling into the same old traps. They might chase the latest fads and keep picking stocks. (Just in the past year, we’ve seen frenzies surrounding FAANG stocks, Tesla, and GameStop.) They might try to time markets. Too many people may have sold at the bottom of the...

Businesses, Stock Markets & the Economy David Booth on the Value of Flexibility (By David Booth, Executive Chairman and Founder of Dimensional) (sic- Dimensional discusses how they handled the recent volatility in GameStop stock in their portfolios) “Our ideas are grounded in academic research, but to successfully go from whiteboard to market requires a nimble and flexible approach, with a process built to make bounded judgment calls along the way. At Dimensional, we...

Businesses, Stock Markets & the Economy   The less you look, the easier it gets. pic.twitter.com/ZuCF3Xuhd1 — Daniel Crosby (@danielcrosby) March 29, 2021 Too Much, Too Soon, Too Fast “A good summary of investing history is that stocks pay a fortune in the long run but seek punitive damages when you try to be paid sooner. Virtually all investing mistakes are rooted in people looking at long-term market returns and saying, “That’s nice, but...