What is it about big life moments that really get you thinking about the future? A common question we get from potential clients is “When is the right time to start talking to a financial planner?” Typically these questions arise right around the time of a big life change.
When it comes to ascertaining why markets behave the way they do, it’s always best to look to human emotions. The primary motivators in financial markets have always been fear and greed. Emotions so strong they can, on a regular basis, inflict extreme volatility into public markets. But markets forget. In the period since the great recession (2008-2009), the Federal Reserve Bank had invested so much liquidity into financial markets that most volatility (and with it, most fear and greed) had dissipated. Most investors should probably be forgiven for having taken low volatility for granted, but with the Fed’s posture reversed during 2018, volatility would return and once again fear and greed would dominate the direction of markets.
Around the week of Thanksgiving, our staff put up the Christmas decorations early to get in the festive spirit. We have mini Christmas trees adorning our front desk, the largest “skinny tree” you could ever image is displayed in our conference room, and garland is spread throughout each of the offices. You could argue that our office looks like the set of a Hallmark Christmas movie, minus all the fake snow.
I love a good holiday movie, and over the years Hollywood has provided a number of choices to pick from. Here’s a list of ten of my all-time favorite Christmas movies starting with number ten and finishing with my all-time favorite:
My local taco purveyor has a habit of posting a “help wanted” sign in the drive-through lane. In fact, upon reflection I now believe that sign has been up for at least a couple of years. Aside from the question of how many people with cars and money for take-out are looking for work, is the larger question of what’s going on with labor rates in America.