2022 was a painful year for both stock and bond holders. However, back to back down years in the stock market are rare. Inflation appears to be moderating and that should mitigate the likelihood of a severe recession.
The last “bear market” in 2008 preceded most Millennials’ and all Gen-Zs’ entry into the workforce. A word of advice to them: Take the long view and don’t panic out of the market. Use this bear market as an opportunity to add to your retirement accounts. You will be rewarded in the years ahead
As a writer, I find the lexical richness of the English language to be one of its great joys, its suffusion of synonyms giving us a world of nuance filled with choices. Occasionally though, it's worth drawing attention to its minor frustrations!
The long American tradition of assembling family, friends and others for a meal of thanksgiving on the fourth Thursday of November was shattered in 2020 because of COVID. There is light at the end of the tunnel this year thanks to vaccines and booster. Good reason for thanks.
Skepticism of government-run programs is often justified. But not in this case in Connecticut. Last fall Governor Lamont assembled his COVID-19 Vaccine Advisory Group in a masterful fashion by including an array of community leaders, from medical professionals, to academicians, from government officials to a minister and even the head of the AFL-CIO in the state. the result has been an undeniable success.