The blue line, green line, purple line, and red line below all say that midterm election years get more and more bumpy the closer we get to casting our collective votes. Everyone should be expecting market volatility so carry an umbrella and buckle up safe. It’s noise and actually means very little over the long term but does sell a lot of TV ads and those folks need to make a living too so here we go. Enjoy the show.
Stuff I find myself looking at while I patiently await what should be AWESOME 4Q21 corporate earnings. Those announcements can’t get here fast enough.
“In the short run, the stock market is a voting machine; in the long run, the stock market is a weighing machine”
Benjamin Graham (the father of value investing)
Richard Barrett
Chief Investment Officer
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