The Lowry Letter® - 9/22/2022
Posted by Joe Lowry, Jr. on Fri, 09/23/2022 - 17:17
The Federal Reserve raised interest rates, as expected. Brad McMillan previewed the move in this post. Looking ahead, he wrote:
“Current betting is on another 75 bp hike at the next meeting, then a slowdown to 50 bps each, with the target rate topping out at around 4 percent to 4.5 percent. If that is what the comments suggest, again no real market reaction. The real action will be in the details, especially around what the market expects versus what the Fed says.”
So, there will be continued movement and activity as Fed comments are released and reviewed.
The Lowry Letter® - 9/15/2022
Posted by Joe Lowry, Jr. on Thu, 09/15/2022 - 12:27
Tuesday saw the worst day for the stock market since 2020. Inflation remains high and the implications of that on interest rate policy weighed on the market.
Despite this, measures of economic risk remain mixed, with labor remaining a key positive and something that keeps the official recession question in the mix. More on this below.
The Lowry Letter® - 9/8/2022
Posted by Joe Lowry, Jr. on Thu, 09/08/2022 - 11:08
Technically, the “dog days of summer” took place between July 3 and August 11. The rise of the star Sirius (the “Dog Star”) in proximity to our sun was believed to produce the hottest days of the year. The weather of the past few weeks in much of the country are putting the dog days to shame. We hope for cooler temps (and more positive markets) as we near the 4th quarter of 2022.
The Lowry Letter® - 9/2/2022
Posted by Joe Lowry, Jr. on Fri, 09/02/2022 - 13:24
The Lowry Letter® - 8/24/2022
Posted by Joe Lowry, Jr. on Fri, 09/02/2022 - 13:20
As we sit with you for periodic meetings, we feel continually grateful for your trust and confidence. 2022 has been a challenging year for the markets and has tested our collective patience. We receive excellent questions about the best way to handle the market declines that are a normal part of being an investor. Often, the answers sound similar: “Focus on what you can control. Maintain a long-term commitment to your investment program. Diversification and a systematic approach still make sense.”
The Lowry Letter® - 8/17/2022
Posted by Joe Lowry, Jr. on Thu, 08/18/2022 - 09:12
The Lowry Letter® - 8/11/2022
Posted by Joe Lowry, Jr. on Thu, 08/11/2022 - 15:32
Don’t forget that our next live edition of Ask the Joes® (& Cale) will be held on August 18th at 5pm eastern time. You can register at this link.
We hope you can join us.
The Lowry Letter® - 8/4/2022
Posted by Joe Lowry, Jr. on Thu, 08/04/2022 - 17:02
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:
After registering, you will receive a confirmation email containing information about joining the webinar.
The Lowry Letter® - 7/28/2022
Posted by Joe Lowry, Jr. on Thu, 07/28/2022 - 08:18
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…
The Lowry Letter® - 7/21/2022
Posted by Joe Lowry, Jr. on Thu, 07/21/2022 - 08:57
We hope that you are enjoying the summer season and that you enjoy this week’s Lowry Letter®!