A Wealth of Common Sense. Investor, author, and host of Animal Spirits podcast, focuses on simplifying finance for everyone; has backed over 200 companies.
Today’s Talk Your Book is brought to you by Janus Henderson:
To learn more about Janus Henderson click here: https://www.janushenderson.com/en-us/advisor/etfs/active-equity-etfs/structured-income-etfs/
On today’s show, we discuss:
Why the ETF wrapper is unlocking the 40-year-old structured note market
Framing autocallable income as underwriting risk, like an insurance company
Why single-stock notes...
These are strange times for the markets and the economy.
Mortgage rates are now over 7% again.
The unemployment rate is still just 4%.
Fixed income investors now have 5% high quality bond yields and 4% cash yields. Those yields have been rising at a rapid clip.
Consumers have been forced to deal with $100 oil and $5 gas prices.
That’s led to an inflation rate of 3.4%, much higher than the Fed’s target which is...
There’s an old adage that a dart-throwing monkey could beat most professional investors.
But that’s just not true because of the way the stock market usually works. There are far more losers than winners when it comes to individual companies so the monkey would have a hard time unless they got lucky.
Through the close of the market on Thursday, the S&P 500 was up more than 13% on the year.
But the experien...
We also discussed questions about inflation, defensive stocks, career advice for equity analysts and paying off your mortgage early.
Further Reading:
Power Laws in the Stock Market
The post Can You Be a Boglehead Tech Investor? appeared first on A Wealth of Common Sense.
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In the spring of 2021 I wrote a blog post titled Why This is Not Another Housing Bubble.
The reasons I gave at the time were pretty straightforward:
There were more creditworthy borrowers.
Supply was constrained.
Consumer balance sheets had improved.
Affordability was far worse in other countries.
Demographics were favorable.
When I wrote that piece the Case Shiller National Home Price Index was up 16% in total for the ...
