If you’re only source of news is…well…the news, you might miss it when good things actually happen.
The media knows we like to be afraid more than we like to be hopeful. It’s not our fault. It’s just how we’re wired.
They’ll always find ways to talk about how “half empty” the cup is.
You know I’m a “half full” kind of guy so I often have to find the silver lining on my own.
Here’s a few to get you through the summer heatwave.
The S&P 500 is up 8.8% since June 21st. Woohoo!
Home inventory is up 29% year-over-year. So if you’re looking to buy, you might get your chance!
Bond yields are through the roof. I’m getting people 4% yields on 2 year bonds right now!
Gas prices are down 10% since mid-June! Can you say road trip!?
Inflation is at 9.1%, the highest it’s been in 40 years! (Just seeing if you’re paying attention.)
But seriously, 10-year annually-adjusted inflation is still below the long-term inflation trend.
*cue shoes and rotten vegetables thrown on stage*
…And finally, can we just give a little thanks that we live in the age of air conditioning? Could you imagine dealing with this heatwave 100 years ago? Yeech!
(BTW it’s 62* in San Francisco today. So maybe your road trip should be to SF!)
