Kentucky’s own Henry Clay reportedly coined the phrase, “self-made man” when describing Benjamin Franklin during a speech in the U.S. Senate in 1842.
Enjoy this month’s edition that features a review of the first quarter stock and bond performance plus a summary of insights from JP Morgan.
The Federal Reserve is predicting the U.S. economy will grow 6.5% during 2021 – the highest rate since the mid-1980’s. Meanwhile the first quarter was very good for stocks:
Okay, not evil, I was embellishing to get your attention. They are, however, misleading, offer a false sense of security and, not unlike fire extinguishers and bow ties, are to be used only in a dire emergency.