My Comments: Somewhere in the news cycle there is always a story about what’s happening in the stock and bond market and whether or not there’s a reason to get freaked out.
Media companies these days are overwhelmed with crisis after crisis and spending much time on this issue is a waste of energy and limited resources. Only a retirement planning junkie like me is willing to pay attention. It’s a miracle you’ve read this far…
Anyway, from time to time I find in my inbox a report from J. P. Morgan, a global asset management firm with solid information. At the bottom is a link to their two page report that appeared this morning.
Here are two excerpts if a quick summary is all you have time for:
report confirms that deflationary fears are
easing, and that an aggressive rise in
inflation is not materializing.
…risks stemming from rising (interest) rates and higher
wages will build as the economy moves
later into the business cycle…
What I infer from the report is that the recent volatility was healthy in the short term but that long term, all bets are off. Here’s the link to their report: https://goo.gl/By6P5E