Week of 4/1/2021

No April Foolin’ here- just the eclectic mix of information that you enjoy. Please note: The stock market and our office will be closed on Friday, April 2nd in observance of Good Friday. Are you zoomed out? We have taken a little break in our remote event schedule, but will resume in April and would love to know if there are any specific areas that you would like to learn more about.

If you haven’t heard of a SPAC, you probably will soon. SPACs are “special purpose acquisition companies". This post is a great primer on the investments, which carry distinct risks investors need to carefully consider. SPACs have some disadvantages that other investments may not have. Early indications are that the Pfizer and Moderna vaccines are very effective in the “real world,” mirroring results from earlier clinical trials. Joe Sr has had his shots and Joe Jr. gets his first today! We’re not anti-media, but the profit motives of nearly all news outlets means we have to be careful about what we read (and share). Yesterday we saw a headline stating that more than 100 people in Washington State had contracted COVID after being fully vaccinated. You had to dig deeper into the article to learn that it represented just 0.01% of all vaccinated individuals in the state. Context matters and the headlines do not always provide that. Many of you may have seen the giant container ship that was blocking the Suez Canal for 6 days. It took the unusually high tide of a supermoon to dislodge it. Be ready to see ripple effects of such an important waterway being closed for a time. Computer-users fighting bad posture are far from the first workers to deal with physical effects of their jobs. Medieval longbows required as much as 200 lbs. of force to draw! Skeletal remains of longbowmen show the shoulder and arm bones became deformed to accommodate the force of the bow.

This week, Ask the Joes® (and Cale) discuss cryptocurrency, why some find it attractive, some of the risks, all from a decidedly non-expert viewpoint.  Please note, this for educational purposes only and is not a recommendation for or against cryptocurrency

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