Dear Valued Client,

Well, here we are in 2022, and so is Covid.  Ugh.   What a roller coaster!

This time last year, we came in to 2021 believing that the newly developed vaccines would put this thing behind us.  We gained hope when vaccines became available, then lost hope when a large portion of populations did not take the vaccine, then regained hope when hospital deaths declined, then lost hope again when the Delta variant emerged, then regained hope when warm months arrived, then lost hope again when Omicron emerged, then gained hope when death rates from Omicron were found to be lower, then lost hope when we discovered that prior therapies such as Regeneron, are not effective with Omicron, then regained hope when data shows that boosted virus victims are 90% less likely to end up in the hospital or emergency room if they get the Omicron variant!  

I’ll take a breath.

As most of you follow the news and stock market, you may be wondering what is going on. There are basically three things happening: virus fears, inflation fears, and profit taking.

It’s official. A recent study by Fidelity Investments has concluded that, on average, women do better than men at investments. This may be a surprise – especially to men – as we assume that men may have a keen business sense or because they spend inordinate amounts of time in front of their computer screens reviewing various security moves.

We hear the ads on TV and radio all the time: “Buy gold to protect your assets because the crash is coming.” Or, “Growing government debt will render the dollar worthless in the face of wild inflation.”

A good friend of mine recently relayed to me that she had fallen victim to a scam involving “spoofing” her bank’s telephone number.