Child tax credit payments. The stock market is outperforming most stocks. Will working from home be a permanent outcome of the Pandemic?
Have kids? The IRS may have made a deposit to your bank account this week. If you received one, you may want to opt out. In addition to explaining why you might not want to get these, this piece has a calculator to help determine the size of your credit.
The stock market is outperforming most stocks (The Irrelevant Investor)
According to the author, over the past 20 years, there has never been a day where the market made a new high with fewer than 50% of stocks above their 50 day moving average. Yet this happened 4 times in June. The market is being supported by just a handful of stocks (Facebook, Apple, Amazon, Microsoft, Google).
As an investment strategist I know likes to say, the generals are still on the field of battle while the soldiers are in retreat. Is this is a sign that the market is poised to pull back? We’ll see.
Why remote work might not revolutionize where we work (Planet Money)
Why going back to the office, at least part-time, may be better than working from home.