Week of 7/21/2022

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

Buchholz High School won its 14th National Mu Alpha Theta competition last week. There was a nice profile about their successful math team, and its outstanding coach, in the Wall Street Journal. Joe Jr, other Lowrys, and Cale are or have been Buchholz students, though not part of its champion math teams. It’s hard to conceive of a greener future that does NOT include nuclear energy. Small reactors are being planned in several Canadian provinces, although it will be many years before they are on-line. According to Chick-fil-a, Gainesville is the #4 city in the country in terms of love for Chicken Biscuits. Summer air travel has become so chaotic that Delta offered $3,000 to give up a seat on one of their flights. The original ticket cost $358!

Q: Give me some good news- all I’m seeing is recession this, recession that. A: The US dollar is very strong right now. If you are willing to risk challenging travel logistics, this is one of the least expensive times for Americans to travel abroad. The Euro reached its lowest level relative to the dollar since 2002. As a result, many Americans are taking advantage by visiting Europe and purchasing foreign goods. The strength of the dollar often means imported goods are less expensive. This may increase the trade deficit, which means a lower number for gross domestic product because US exports are less attractive to foreign consumers. Like everything else in our economy, currency fluctuations have good and bad effects.

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