Businesses, Stock Markets & the Economy Watch on YouTube: Bitcoin (and the blockchain) Explained (Slidebean)   Or read: Demystifying Cryptocurrencies: A Primer (Avantis) Your Finances & other Wealth Management links Asset Allocation When You Have Enough. “What you'd like to achieve with any "extra" assets can help you calibrate your portfolio's equity exposure.” (Morningstar) “At the end of the day, there’s no “right” answer to creating an asset allocation mix. It all comes down to an...

Businesses, Stock Markets & the Economy Let the Market Worry For You (Michael Batnick) “In Bill Miller’s most recent investor letter, he perfectly captures the posture that most investors ought to have. When I am asked what I worry about in the market, the answer usually is “nothing”, because everyone else in the market seems to spend an inordinate amount of time worrying, and so all of the relevant worries seem to be...

Businesses, Stock Markets & the Economy What the Debt Ceiling Means for Social Security and More. “The Treasury secretary says the government will run out of money to spend if Congress doesn’t raise the debt ceiling. Here’s what that could mean for programs that help millions of Americans.” (The New York Times) Companies face pressure to act on vaccine mandates even as they wait for clear rules. (The New York Times)   Your Finances...

Businesses, Stock Markets & the Economy 10 Obstacles to Investing—and How to Overcome Them (David Booth, Executive Chairman and Founder, Dimensional) “Investing in markets is an excellent plan for meeting long-term goals, like maximizing your retirement income. When you develop a deeper understanding of public markets, you can cultivate a sense of optimism about investing. Two ideas are at the heart of embracing this approach: First, markets provide a way for both sides to...

Businesses, Stock Markets & the Economy What If Things Go Right?  (Barry Ritholtz) “…I want to imagine for a moment a scenario that is the opposite of worst-case – what do the USA and the world look like if most things more or less go right? What if a normal economic recovery replaces the pandemic slowdown?” How A Single Missing Part Can Hold Up $5 Million Machines And Unleash Industrial Hell (NPR) Boring is beautiful when it comes to...

Businesses, Stock Markets & the Economy Why America has 8.4 million unemployed when there are 10 million job openings. “The economy is undergoing massive changes. There’s a big mismatch at the moment between the jobs available and what workers want.” (The Washington Post) Biden’s SEC is ready to regulate cryptocurrency (recode) “The Securities and Exchange Commission (SEC) — led by Gary Gensler, who taught a class on cryptocurrency at MIT — is trying...

Businesses, Stock Markets & the Economy Schwab Market Perspective: The Next Phase (Schwab) “Although we’re not out of the pandemic yet, the economy is showing encouraging signs. Job growth has been strong and financial markets appear to confirm that the economic cycle has shifted from recovery to expansion. Global earnings estimates are being revised upward and global business leaders are expressing fewer concerns about supply constraints than earlier this year. Given these...