The Lowry Letter®

Don’t forget about our live webinar, this Thursday at 5pm Eastern. You can register here.

Don’t forget that our next live edition of Ask the Joes® (& Cale) will be held on August 18^th at 5pm eastern time. You can register at this link.

We hope you can join us.

Our next Ask the Joes® & Cale webinar is coming soon! We hope you can join us. Please send us any questions you would like us to discuss. You can register at the link below.

When: Thursday, Aug 18, 2022, at 5:00 PM Eastern Time 

Register in advance for this webinar:

https://us02web.zoom.us/webinar/register/WN_eIOb6PPjSCWB5Gz-gFx9hQ

After registering, you will receive a confirmation email containing information about joining the webinar.

We really like this quote from historian Howard Zinn (via James Clear, source: You Can’t Be Neutral on a Moving Train):

Read on for more…

We hope that you are enjoying the summer season and that you enjoy this week’s Lowry Letter®!

The Joes® are out of the office this week for an extended Lowry family get-together, but the Lowry Letter® carries on.

We think David Kelly has some wise words about the state of the economy and financial markets. We especially like this part:

“While media reports will continue their frenzied jump from one economic crisis to another, it is important that investors understand that most of these problems look set to fade, setting the stage for better economic performance and financial markets in the months and years ahead.”

First, a reminder that our office will be closed on Monday, July 4, in observance of the Independence Day holiday. We hope you have a safe and enjoyable long weekend!

This is the last Lowry Letter® of the first half of 2022, and what a half it has been. Stock and bond markets have found some stability (at least as of the writing of this letter).

Recession concerns weigh on many investors’ minds, but in many ways the economy is doing okay. This may sound crazy, given market declines this year, but it is a good time to remember that the economy and the markets are not the same. 

The market downturn entered a new phase this week. Fears of an inflation/Fed-led recession are increasing, leading to broad selling and an official bear market. There are some important success skills to maintain during times like this. See the Lowry Letter® for more!