Week of 7/7/2022

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.”

Brad McMillan offers his Market Thoughts for July in this brief video. Despite the brutal results year-to-date, much economic news remains positive. Pixar movies have become known for their intense emotional impact, and some critics seem annoyed that Lightyear didn’t achieve that result. We really enjoyed it- sometimes a movie can just be fun and not prompt deep introspection.  The summer sun is at full strength, and we hope you remember your sunblock. Unfortunately, we do not have access to superior European sunscreen varieties, and it seems the FDA is to blame. In 1975, the theory that the ancient Nazca civilization rode hot air balloons to view the Nazca lines was tested by building a balloon using thousand-year-old weaving methods, filling it with smoke, and riding it up to 300 feet. This is an interesting report on how Ukraine could prevail against Russia.

Ask the Joes® (and Cale) will return next week.

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