Directional Wealth Management Company Overview

 

 

 

 

From the desk of Jim McCarthy, CFP®, ChFC®

July 2019 Monthly Outlook - A Tale of Two Cities

A Tale of Two Cities – the novel by Charles Dickens – about the life in two cities, London and Paris, during the 1800’s  - opens with “It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness”.

The current state of affairs brought this quote to mind for me.  In this case our 2 cities are the economy and the financial markets.  The financial markets are behaving as if it was “the best of times” and the “age of foolishness” while the economy is looking more like we are moving towards worse times and a need for more wisdom.

 

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