Marketplace: Debt Limit Ceiling. Something that has been grabbing a lot of attention recently is the federal government’s debt ceiling. Over the coming months and into the summer this will continue to show up in the headlines…especially as 2024 presidential campaigns start to ramp up.

Meme: “Next Up….Budget Season.”

ChatGPT: Two personal finance Haikus.

Food For Thought: Arrival Fallacy: Arrival fallacy is related to the fact that humans often tend to be bad forecasters. In other words, we are very bad at guessing what makes our future selves happy. This is because of our tendency to spend too much time on the ‘hedonic treadmill.’.

Marketplace: The annual end of year headlines! A very non-scientific year in review. The previous 12 months saw a 17.5% drop in the S&P 500 and an 11.3% drop in the bond market. What are the headlines predicting for next year?

Meme: “Bankers don’t add value. False. We add values all the time.”

Food For Thought: Confirmation bias: A tendency to seek out, interpret, and recall information in a way that confirms what we already believe and ignore information that contradicts those beliefs.

The economy and stocks are always in a cycle. We don’t notice the “cycle” too much when things are “good,” the economy is growing and stocks are going up. But when the economic cycles turn negative, everyone wonders what shoe will drop next.