Next week will be a big news week in the finance/econ world. This week’s list tees up expectations for the Fed action and data releases but also contains an interesting assortment of articles relevant to living in 2023.

Economics

• Those following the Conference Board’s Index Leading Economic Indicators say it is pointing to a recession. (Reuters)
• The Fed meets next week and has signaled another rate increase. Will it be the last, or will there be more? (MarketWatch)
• “Soft landing” is becoming a more common description of what we are experiencing, and “sticky” has replaced “transitory” in describing prices, but was the June CPI decline something to bank on? (Reuters)
• This is an interesting visual representation of how the US GDP breaks down by state and region. (Visual Capitalist)

Banking

• On Thursday, the Federal Reserve launched “Fed Now,” a “behind the scenes” infrastructure that will allow banks and credit unions that sing up for it to enable instant payments for its customers. (WAPO-subscription may be required) (Seeking Alpha)

Investing

• More on Markowitz after his passing and great insight into why we invest how we invest. It could have to do with genetics. (Humble Dollar)
• Bonds are definitely having their moment with their potential now for equity-like returns but with less risk. (Pimco)

Paying For College

• Here is the latest version of a great Inceptia Resource on Loan Repayment.

Career

• Remote work or return to the office? What are employers and employees looking for? Why is the debate so intense? (The Atlantic)

Our Digital World-AI

• Listen to CNBC’s Steve Liesman discuss survey results about Americans’ “AI Anxiety.” (Twitter) (YouTube)
• Discomfort about AI reaches beyond the grave as AI can bring film stars back to life. Who owns the rights to your likeness after you die? (BBC)

Powerball

• Looking for advice if you win the $1 billion Powerball Jackpot? Why not ask another billionaire—Mark Cuban? (CNBC)
  

Retirement

• Do uncertain times mean a revision to the 4% rule (applied to withdrawals from your retirement accounts? (Humble Dollar)

About the Author

Beth Tallman

Beth Tallman entered the working world armed with an MBA in finance and thoroughly enjoyed her first career working in manufacturing and telecommunications, including a stint overseas. She took advantage of an involuntary separation to try teaching high school math, something she had always dreamed of doing. When fate stepped in once again, Beth jumped on the opportunity to combine her passion for numbers, money, and education to develop curriculum and teach personal finance at Oberlin College. Beth now spends her time writing on personal finance and financial education, conducts student workshops, and develops finance curricula and educational content. She is also the Treasurer of Ohio Jump$tart Coalition for Personal Financial Literacy.