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Tuesday, August 01, 2023

Market Update for July 31, 2023

What a great year we've had now with seven months in the books. 
  • After a major bear market that bottomed in October of 2022, the four major indexes are mostly recovered to 3.4% to 18.0% below their record all-time highs.
  • My Explore Portfolio is just 0.1% below its record all-time high!
  • Inflation is running at 3.0% year-over-year while we are getting 5% in money market funds for a 2.0% positive real return!  
  • Finally, after what seems like decades, we are getting rewarded for saving money (ignoring taxes of course)!




FZDXX is "Fidelity Money Market Fund Premium Class"





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