In this week’s installment of our PureVest weekly roundup we take a look at the 4% rule in retirement; and how much you can spend. We also look at the most recent inflation data as Jerome Powell was confirmed by the Senate for a second term. It was a tumultuous week for holders of crypto assets and a few more articles we found valuable are below. We wrapped it up with some good explanations of the exact affect interest rates have on bond yields and bond prices. Enjoy the light reading and have a great weekend!
Markets & Economy:
Beyond the 4% Rule: How Much Can You Spend in Retirement?
source: Schwab.com
Inflation slows for the first time in 9 months
source: www.cbsnews.com
More than $200 billion erased from entire crypto market in a day as sell-off intensifies
source: www.CNBC.com
Federal Reserve Chair Jerome Powell confirmed by Senate for a second term
source: www.CNBC.com
U.S. Jobless Claims Remain Low
source: www.wsj.com
The clock is running out for Congress to pass Big Tech antitrust bills this year
source: www.cnbc.com
Education:
How Are Bond Yields Affected by Monetary Policy?
source: www.investopedia.com
The Inverse Relationship Between Interest Rates and Bond Prices
source: www.investopedia.com