Week of 3/3/2022

We hope you will join us next Thursday, March 10th, at 5pm for a live “Ask the Joes® (and Cale)” about the state of the markets and other current events. You can register here: https://us02web.zoom.us/webinar/register/WN_K3FJcFoiTYuMsJPvjF5Dog If you think it would interest any of your friends, you may share the link.

What if a cryptocurrency exchange filed for bankruptcy?* Russia’s invasion of Ukraine has prompted many questions, including about military strategy. One key question: What happened to Russia’s Air Force? Australia is known for being home to some of the most poisonous spiders in the world. Surprisingly, no one has died from a spider bite in Australia since 1981. Good ideas can take time to catch on. Even shopping carts did not immediately catch on. The inventor had to hire decoy shoppers to push the carts around the store, demonstrating their convenience. According to the Federal Reserve Bank of New York, mortgage and auto loan debt reached all-time highs as of 12/31/21. It will be interesting to see if the pace of mortgage debt slows, especially with the increase in loan interest rates over the past 14 months, the all-time low 30-year rate of 2.65% (Freddie Mac).

*This article is intended strictly for educational purposes only and is not a recommendation for or against cryptocurrency

Ask the Joes® (and Cale) will have a live webinar next week. Please send your questions to us, or bring them to the webinar. We will try to make it available afterward for those who can’t participate live.

‌ ‌ ‌ 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.