Daily Reads 6/3/2019
Happy Monday, everyone. This week we cover the facts about market corrections, and how to make sense of them. The Trump administration and other Republicans have taken swipes at Google over allegations of biased search results, as well as Amazon over taxes. For the parents out there, we have a useful financial checklist for your high school graduate. We take a look at an interesting study about how divorces parents impact their children’s marriages. In real estate, homebuyers see relief this spring. And check out Howard Stern’s – Thie Writer’s Pad, and learn about the man behind the legend.
Since 1950, the S&P 500 has experienced an intra-year peak-to-trough pullback of 5% or worse in 65 out of 70 years. So roughly 93% of the time, a 5% correction has taken place from 1950-2019.
Politicians on the right and left are decrying the tech companies’ enormous power. President Trump and other Republicans have taken swipes at Amazon over taxes and at Google over search results they say are biased. Democrats have focused on whether the companies stifle competition.
We’ve got budget, retirement account, credit, information security and insurance advice for your independent adult, college student, gap-year taker or future soldier.
Justin Lange did not grow up with many good examples of a stable, long-lasting partnership. After his parents’ divorce, his mom remarried twice more; his dad, three more times.
Conditions are easing somewhat this spring for home shoppers, real estate experts say. Price increases are slowing. There are more properties for sale. And mortgage rates are low.
Most every guest is rich. Stern is rich too. But money isn’t everything. The celebrities, the actors, the guitarists, the lead singers, and the comedians are also parents, brothers, wives, and friends. They still have problems in their lives, challenges with their health, and obstacles every day.