In a reflection on his career, valuation expert Aswath Damodaran advises investors to avoid taking themselves too seriously, acknowledging the unpredictability of markets and the inevitability of mistakes. He highlights the importance of accepting uncertainty and making peace with factors beyond one’s control.
US inflation tops 4% for first time in three years, keeping Fed hike in play
US inflation climbed to 4.1% in May, driven by rising energy prices, keeping the Federal Reserve’s interest rate hike plans on the table for September.