Daily Reads 2/4/19
We hope you had a great weekend! Today we include great reads on how the US economy is performing in the New Year, how the Fed’s interest rate decision last week will impact the timing of future rate hike decisions in 2019, and what to consider when making the tough decision whether to rent or buy.
story/surprised-by-feds- dovish-tilt-economists-cut- forecasts-of-future-interest- rate-hikes-2019-01-31
In response to the Fed’s decision to not increase rates last Wednesday, economists have speculated that the Fed will only increase rates one time this year in the Fall of 2019.
The stock markets has bounced back from its December lows. This has sparked investor optimism for the New Year.
news/2019/feb/03/set-against- a-shaky-global-picture-u-s- economy-looks-sturdy/
“The U.S. economy, well into its 10th year of growth, still has a spring in its step. And it’s all the more visible when set against a tiring global picture.”
“Should you rent or buy? Whether the item is a car or a home, this is a big question that does not fall neatly into the yes or no pile.”
story/money/2019/02/04/ retirement-savings-why-empty- nesters-should-downsize-homes/ 2444729002/
Before retiring, will downsizing your home actually save you money despite the smaller size? As your lifestyle changes, financial changes must be made as well.