Weekly Review, October 9 2023
People prioritizing experiences, 250M years out Earth, and the world’s oldest bond ahead in your weekly review:
You would ‘t expect this: After driving almost the entire S&P500 return for the year, Goldman shows how the Magnificent Seven stocks are actually the cheapest they have been relative to the rest of the market in years.
A quick primer on bonds and the key things to be considering when adding them to your portfolio.
The pandemic has caused people to prioritize spending on experiences even when they don’t have the money. This has prolonged the economic expansion and deferred a recession, but how long can it last?
A very interesting read. You always wonder how anyone can model 250m years out.
Can you believe the world’s oldest bond is still paying out interest after more than 300 years?