Last week the news reported that the IRS announced the tax schedules for 2023 and some reports stated, “Some will be able to keep more money.” I think you’ve got this: this last statement isn’t true. Accurate inflation adjustment of the tax tables mean that
We can’t control what happens to stock and bond markets. We had no control in 2020 and 2021 when US stocks soared +20% each year, and we have no control over the 25% decline this year. But when the market declines we have the urge
New data on inflation came out yesterday, and the US stocks jumped about +2.5%. I have no idea why, but I’ll take it: last month stocks dropped about 4% on what looks like very similar news to me. This post summarizes the inflation data: 1)
As you can see from the map, Patti and I traveled extensively (the red dots) in France: Bordeaux and the Dordogne Valley. We don’t cover much territory, but I really like visiting a place and covering it by walking.