Why are stocks lagging while the economy booms? There’s a reason for it, as Schwab’s chief investment strategist Liz Ann Sonders explains. Inflation fears are in the headlines. How are consumers responding? The Federal Reserve Bank of New York just released a survey of their expectations. Retirement may not be the time to pay off your mortgage. Sarah O’Brien of CNBC looks into the factors you need to consider.
Boom Boom Pow: Have Stocks Already Priced In Economic Boom? — The key to understanding the relationship between a booming economy and the stock market is understanding the economic indicators. Schwab’s Liz Ann Sonders shares her perspective on what the current indicators are telling us. Read more…
U.S. Consumers Expect Near-Term Inflation Bump, Medium-Term Outlook Steady — U.S. consumers expect housing prices and other costs to rise in the near term as the economy recovers from the crisis caused by the coronavirus pandemic, but they don’t expect the inflation bump to last. Read more…
Should You Pay Off Your Mortgage In Retirement? Experts Weigh In On Whether To Cut That Debt — Of course, there are a couple of immediate benefits to paying off a mortgage: Your monthly obligations drop and you may get more wiggle room in your cash flow. But there are other factors to consider. Read more…
John R. Day, Bill Ennis, Stephanie Hall, and Matt Heller
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