When the stock market dipped low on Friday, October 10th, investors were once again reminded of a simple truth: The stock market is not the economy. Occasionally, they do overlap, but they are not the same.
I’ve written copiously on interest rate increases since the pandemic—but upcoming decreases warrant similar discussions.
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In times of economic uncertainty and shifting monetary policy, the 10-year Treasury Bond begins to inch up in the news. And for good reason—it’s a key economic indicator of the economy’s health.
Debt is a peculiar subject—either my clients want to avoid talking about it or they can’t stop talking about it. Personally, I enjoy discussing debt as a part of financial planning, because it’s actually a very nuanced topic. This is especially true for the context in which debt normally comes up: Mortgages.
