The Lowry Letter®

Week of 3/23/2024

BYU’s disappointing loss in round 1 of the Men’s NCAA Tournament was an early setback for the Lowry Team. Most of our brackets aren’t completely busted, but Joe Sr.’s BYU title pick has him out of the running. After one day of games, less than 1/10^th of 1% of brackets remain perfect.

We hope many of you can attend our client appreciation picnic on April 13^th at Veteran’s Memorial Park in Gainesville. We will have a BBQ lunch and good company!

This is an interesting conversation with a former CIA case officer about Afghanistan, training, and the failures of October 7.

According to the NFIB Small Business survey, inflation and labor quality are the two biggest challenges for respondents.

French automaker Citroen sabotaged Nazi wartime truck production by simply moving the notch on the oil dipstick too low. The vehicles would break down due to not enough oil in the engine, a brilliant bit of sabotage.

The Spartans of ancient Greece are the stuff of legends. This review looks at two books that might interest you history buffs.

Q: No rate change this week. Is that good or bad?

A: Good, to our view. With no improvement in inflation in recent months, and continued strong economic numbers, it would be hard for the Fed to justify a cut. We even question whether Powell’s comments about 3 cuts this year makes sense. It is more of a policy or marketing message than a data-driven message. We would not be surprised to see less than OR more than 3 cuts, because we don’t know what the data will indicate 6 months from now.

Advisory Services offered through Lowry Financial Advisors, Inc., a Registered Investment Adviser. Securities and additional advisory services offered through Commonwealth Financial Network®, Member FINRA/SIPC, a Registered Investment Adviser. Advisory services offered through Lowry Financial Advisors, Inc, are separate and unrelated to Commonwealth. Lowry Financial Advisors, Inc. is located at 12921 SW 1st Rd, Suite 215, Tioga, FL 32669. 352-333-7990

Lowry Financial Advisors is the only advisory firm that helps its clients reach their goals through The Achieving Simplicity® Experience™, providing clarity and confidence in their personal and financial lives.