Times are Changing Again!!!
Can you remember when stocks were actually an "investment" not used for "gambling", gas was 30 cents per gallon, a house cost $15 thousand and a doctor visit was $10 ? Then came the high inflation of the 70's that no one expected.
In the 1990's things seemed like they would never change again. High growth with exploding stock prices didn't last forever, as they never do.
Then recently, the stock market lost a large percentage of it's value, gas prices went over 2 dollars, average homes went over $200 thousand and a 2 week hospital stay can run $100 thousand!
Well, things are changing again...
Mixed economic indicators
Life expectancy rates higher
War, and rumors of war
Lower savings rates
Insurance costs skyrocketing!
Will you be left behind?
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From 1976 to 1980 Gross Domestic Product , (GDP) rose every single quarter yet the Dow Jones Industrial Average lost 25% of its value over that time span. But I thought an expanding economy means a higher stock market! Not true. There is almost NO correlation between "past indicators", interest rates, oil prices or any other "outside forces" on stock prices. Contact us to find out what really drives stock prices up and down.
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