Comment #3

eddessaknight — Mon, 06 Jun 2022 08:49:17 GMT

<br />Nothing is so bad, that this lack of administration, cannot make it worse

Comment #2

rdgrnr — Mon, 06 Jun 2022 02:08:44 GMT

"Never underestimate Joe's ability to f*ck things up."<br />And he has made this country FUBAR.

Comment #1

eddessaknight — Mon, 06 Jun 2022 01:46:23 GMT

Watch out inflation now, bubble pops and followed up with major recession :-(

Original Blog Entry: Market monthly update

eddessaknight — Sun, 05 Jun 2022 02:40:23 GMT

Another volatile month for the markets is in the books. With the recent stock upturn, unemployment staying low, inflation possibly peaking, and corporate profitability continuing strong (Walmart Target excepted), some may ask whether the markets are now making a bottom? As we discuss in the attached report it is too inconclusive to tell, but we venture to think we are closer to the bottom than to much more downside distress. We all wish inflation did not hit us as hard at stores and the gas pump, yet indications are consumers are undaunted and we expect a robust summer travel season as people cut loose after 2+ years of fear and lockdowns of one kind or another. Everyone s grown tired of not seeing the grandkids, not taking vacations, and not living normal lives all of which means getting out and spending money.

We aren t totally sanguine, and worries still abound the Russian aggression in Ukraine and its global oil market impacts, continued inflation and supply chain problems (try to get a refrigerator delivered lately), and housing becoming even more unaffordable as interest rates rise. Time will tell the direction of the markets and economy as these opposing forces battle it out.

We would be remiss if we did not acknowledge the terrible event in Uvalde Texas. Our hearts go out to the community, but especially the parents of the innocent young children murdered senselessly, in yet another tragedy. Treasure what you have every day.

~MG

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