What We’re Reading
An occasional sampling of what’s catching the attention of professionals at Landaas & Company
Even as higher interest rates increase the reward for investing in fixed-income assets, a surprising portion of older investors have portfolios relatively heavy with stocks. According to an article in The Wall Street Journal, at one large firm, one-fifth of taxable brokerage account investors aged 85 or older have nearly all their money in stocks.
Suggested by Dave Sandstrom
A flip-flop in the leadership of stock styles supports the strategy of balancing your eggs across a number of baskets. The Wall Street Journal reported that dividend-paying value stocks in the S&P 500 returned about 4% in the first half of 2023, vs. 18% for growth stocks – the widest first-half disparity since 2009. In the bear market of 2022, value stocks outperformed growth.
Suggested by Art Rothshild
Two years ago, critics took aim at the Federal Reserve for labeling a rise in inflation “transitory.” Last summer, price increases swelled to the biggest in four decades. Inflation has slowed — following historic interest rate increases by the Fed. Meanwhile, as The Wall Streeet Journal reported, economists are debating whether the surge inflation indeed may have been transitory.
Suggested by Kyle Tetting
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(initially posted July 28, 2023)
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