Andy and Mark stepped in when Junior Leadership Hudson had to cancel. Thank you Andy and Mark for your presentation with such short notice. Andy gave us a handout that they referred to. Andy’s market truisms:  “The market always goes up in the end.  When should you get in or out? No one knows.”

Mark showed and discussed a series of slides.

●      S&P Valuation Measures
●      Index concentration and valuation
●      Annual returns and intra-year decline
●      Components of GDP growth
●      Consumer Confidence and the stock market
●      Consumer spending and saving
●      Federal Finances
●      Unemployment and Wages
●      Inflation
●      Inflation Components
●      Tariffs on US Imports
●      The Fed and interest rates
●      Interest rates and inflation
●      CD rates and other investment opportunities
●      Bond rates of return
●      Diversification
●      Time, diversification and volatility
●      Investing at all time highs