I know these are very unsettling times, and many people are quite anxious as they listen to media reports and watch stock indexes tumble. I believe governmental stimulus will help investors, but it is not surprising for the market to retreat during the plan’s initial implementation. Furthermore, both measures of money supply (M1 and M2) have surged since late August. Money supply growth and a fiscal stimulus package are a powerful boost to the economy that, in my opinion, will push the economy out of recession.

Economists disagree on exactly when the recovery will occur. Even though the timing of the recovery is unpredictable, the stock market has historically begun its rebound several months before the economy is actually growing again.

It is at times like these when many people feel that they should abandon the markets and wait until things recover.  But this is exactly the time, when people are the most scared, to have an objective financial advisor in their corner.

Spiritus offers unbiased financial advice.  People without access to this type of advice are more likely to make impulsive decisions which lead to unfortunate, long-term financial consequences.

We are here for you. Please don’t hesitate to call or email with any questions or concerns you are having.