Your Money

Federal Reserve Chair Jerome Powell did just enough last week to preserve the view that his goals align with investors’: growth that is fast enough to boost hiring and profits, but not inflation. The market applauded his speech on pandemic-era Fed policy with optimism that support will be withdrawn cautiously and gradually.

Here are three takeaways:

1. Jobs are recovering but have further to go
2. Inflation is high but the Fed still feels confident
3. Tapering may start by the end of the year but don't expect rate hikes soon

3 Takeaways From Fed Chair Powell’s Jackson Hole Speech
by Taylor Tepper

Your Life

This is such a timeless article and even more beneficial now as closed quarters and excessive togetherness heighten stress and anxiety in your household. So COVID-19 will not only make you sick and possibly take your life, but it can also wreak havoc on your mental health and others around you. Enter, the mental health therapist. Let go of the notion that therapy is only for those times when you are not well or in crisis. The fact is that talking to a therapist can dramatically increase the chance that things will continue to go well since you have a constant sounding board and “learning coach” on how to react to life’s events in a healthy way and how to interact with others in that same healthy way. So, you want a happier self and household, get a therapist. One final note, find a therapist that you feel comfortable with. It’s not “one size fits all.”

Here's Why Everyone (Even Happy People) Can Benefit From Therapy
by Katherine Schreiber

Complexity Simplified

Trivia