The Lowry Letter® - 8/2/2025

August 02, 2025

First- mark your calendars for our next Ask the Joes® Webinar, to be held on August 12 at 5pm. Meeting information will follow soon.

One of our biggest concerns are increasingly sophisticated scams. AI tools have made it possible for very convincing impersonations of people you know and love. Imagine getting a call from your grandchild, explaining that they need emergency funds and you are the only one they can reach?

The heightened emotions of this situation reduce the normal questions you might ask in a situation where someone is suddenly asking for money.

This article has a great tip to reduce the odds that you or a loved one with be scammed.

This is a real problem, and we will continue to highlight it.

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Q: What is pushing the market higher right now?
A: Despite ongoing tariff questions and some other worrisome headlines, there is real strength in some key fundamental indicators. The job market has been strong, though yesterday’s report showed more restrained hiring and lower recent hiring activity. Consumer confidence has seen some improvement recently, after a period of weakening.
Most importantly for investors, earnings for public companies have been better than expected, with a wide range of companies showing strength (more on that here).
Trade policy will continue to dominate headlines and will affect the markets, reminding us of the importance of diversification. We will talk more about this at our “Ask the Joes®” webinar on August 12.