We've been keeping up with the latest headlines...
here are two of our favorites worth sharing.
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Your Money
Schwab's US, Global, and Fixed Income strategists collaborated on this recent market perspective. A quick tip: use the "listen to" link and get through the whole thing in 9 minutes. Here are some excerpts for skimming the highlights:
- U.S. stocks and economy: Picking up steam - Optimism remains elevated in many measures of sentiment—particularly on the attitudinal side. The hope is that even if sentiment remains stretched, expected stronger earnings growth is kicking in, which could ease valuation pressures. For now, however, pervasive enthusiasm is more of a vulnerability for equities.
- Global stocks and economy: That was fast - The global vaccine rollout, expanding stimulus, and adaptations to the pandemic, along with an anticipation of a demand snapback as restrictions ease, contributed to last week’s upgrade of the global growth forecast to 6.0% for 2021.
- Fixed income: The Fed engineers a bond bear market - The Fed’s very easy policy stance is actually bearish for long-term bonds since it is contributing to higher inflation expectations. When combined with expansive fiscal policy, it means bond yields are likely to continue to rise and the yield curve will continue to steepen.
Schwab Market Perspective: Springing Forward
by Liz Ann Sonders, Jeffrey Kleintop, and Kathy Jones
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Your Life
As vaccinations continue and things start to slowly but surely open up, here’s a timely article to help you plan for that trip that includes…flights! Airlines want to remain enticing to travelers, but at the same time, must balance operational expense for each flight and its ability to fill each seat. Airlines use complex computer software and algorithms to determine the price for each ticket based on real-time demand and supply. The software calculates based on bookings, availability, and cancellations. The great thing about this article is that it does crunch numbers to give you an idea of the best dates (Tuesdays) and times (mornings) to book domestic or international flights so you can get the best possible chance of the best prices (book in advance).
Why and when do flight prices drop?
Source: Skyscanner
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Complexity Simplified
Declutter your life, your work area, and your home. This article delves into ideas and tips that will help you get more organized in 2021 and alleviate stress. To keep from getting overwhelmed, start daily and small. Eventually, you will eat that elephant one bite at a time.
How to Declutter Your Life and Reduce Stress
by Julie McCormick
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Trivia
A: Greenland
Q: Which country is known as the Land of White Elephant?
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Back in 1999, this song reached #1
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