Broker Check

The Weekly Update 1/5/2024

| January 05, 2024

The Weekly Update 1/05/2024


Two Years of Nowhere!


For the last year you have read in The Weekly Update™ and The Seven Signs of a Changing Economy™, how I have compared 2022-2023 to 1994-1995.

Back in 1994-1995 the valuations of Corporate America, as measured by the S&P 500, were like walking through quicksand. It took all we had to just stay even.

At the end of 1995 investors were fearful, confused, distrustful and thought that investing, in general, was a stupid waste of energy.

If you take a moment to look back to see what happened next you would see the values of Corporate America jumped from 470 in 1995 to 1500 in 2000 as measured by the S&P 500. Just a cool 300%+.

The quicksand we have been forced to walk through for 2022 and 2023 has been much like 1994-1995 both in emotions and performance.

However, if you look at the chart below, you might see what I see and that is a launch pad much like 1994-1995.

Again, I did not say market valuations go straight up, and I did not say without volatility, yet this data flow, and many more, suggest the good old USA is just waking up from the post Covid hangover.  This could be a 10 ticket ride up the net worth curve.

These are just more fact based and source cited data points that will keep The WSG Team continuing to add lower risk, lower volatility, and best-of-class investments to our client family’s asset allocations.

I’m interested in your thoughts, comments, and observations.  Feel welcome to call, email, or stop by the office and say Hi.


James O. Lunney, CFP®


Securities and advisory services offered through LPL Financial, a registered investment advisor. Member FINRA/SIPC. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual Investing involves risks including possible loss of principal. No investment strategy or risk management technique can guarantee return or eliminate risk in all market environments.