The Weekly Update 12/08/2023
By now, I think we have all heard that Corporate America is bringing much of the manufacturing process back to the USA. This is often referred to in the news as “Onshoring”
Many of us may not understand the economic impact to our country as this unbelievably positive change unfolds right under our noses.
Thus, "A picture is worth a thousand words" is an adage in multiple languages meaning that complex and sometimes multiple ideas can be conveyed by a single still image, which conveys its meaning or essence more effectively than a mere verbal description.
So, here it is in visual form!
This is all still in the early building stage all over America. When they “turn on the lights” our efficiency, productivity and profitability should be expected to soar.
My suggestion: Own the companies of Corporate America as represented in the S&P 500.
This is just one more fact based and source cited data point that will keep your 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®
CERTIFIED FINANCIAL PLANNER™ Professional
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.