In 1974, our nation was briefly pulled apart at the seams by inflation, a failed foreign war in Vietnam, a recession, an oil shock, and Watergate. The echoes in today’s economy are shockingly similar.

Let’s assume, for a moment, that the most well-advertised recession in history finally arrives:

Will stocks drop? Maybe, but maybe not:

The story of Disney is the same as the many great American businesses.

Q3 Earnings: Fresh

Factset notes that 72% of reporting companies have had a positive EPS (Earnings Per Share) surprise.

Conservative investing is difficult when interest rates are 0%; It’s a bit like being a vegan in a steakhouse. You might not agree with most of the menu, but if everyone around you is eating well and you’ve been starving, it’s easy to throw caution to the wind and dive in.

As investors, we’re all in the business of silver linings; otherwise, we’d simply bury our money in coffee cans and stay home all day. There are a few potential catalysts coming up which might help the market get out of this mess:

Although we’ve never lived through something like this, that doesn’t mean it’s never happened before. When you’re young, everything is unprecedented.

If you’re wondering what your top 2022 California and Federal taxes rates are, look no further.