A historical start to the year. Potentially big changes coming for Medicare. Dotcom redux.
4 things you didn’t know, but need to (LPL Research)
Some historical perspective to this year’s market turmoil. If LPL is right about their prediction of no recession this year, then based on the third chart (Bear markets without a recession are rare), we may have already seen the worst of this pullback.
Big changes may be coming to traditional Medicare (Morningstar)
In an attempt to reign in costs, Medicare may force everyone into an HMO-like model by the end of the decade.
15 of the craziest charts right now (Ben Carlson)
More charts! Through them Ben does a nice job telling the story of what’s going on in the stock and bond markets right now.
Some of them show are truly horrendous; reminding me of the early 2000’s when the dotcom bubble burst. A number of Pandemic darlings are now getting crushed. If history repeats, many of these companies won’t survive and a few may eventually become massive successes. Amazon lost 95% of its value back in 2001.
Bonus – How Rich Strike won. The best video of the most memorable Kentucky Derby in years