2002 CFP Economy 
Darrow Wealth Management
MARCH 6, 2023
For much of last year, even good news about the economy was bad news for markets. Since 1926, stocks were down four consecutive years only once (between 1929 and 1932), three years in a row twice (latest being 2000 to 2002), and one instance of back-to-back losses (between 1974 and 1975). stocks (S&P 500) on record.
Investing Caffeine
JANUARY 3, 2023
More specifically, in a typical bear market, the economy generally slows down causing demand to decelerate, and interest rates to decline, which causes the values of bonds to increase. And if it’s not declining home prices, lower energy prices have also filtered through the global economy to lower transportation and shipping costs (e.g.,
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The Better Letter
MARCH 18, 2025
In June 2002, electrician Mike McDermott won £194,501 on the UK National Lottery after correctly choosing five numbers and the bonus ball. NARRATOR: “Next time you are tempted to make a market prediction, you might recall that the global economy has a few more than 52 variables.”
The Better Letter
MARCH 14, 2024
In June 2002, electrician Mike McDermott won £194,501 on the UK National Lottery after correctly choosing five numbers and the bonus ball. NARRATOR: “Next time you are tempted to make a market prediction, you might recall that the global economy has a few more than 52 variables.”
The Better Letter
MARCH 16, 2023
In June 2002, electrician Mike McDermott won £194,501 on the UK National Lottery after correctly choosing five numbers and the bonus ball. Note to self: The global economy has many more than 52 variables. Fast-forward four months to October and Mike was still playing. As Han Solo said, “Never tell me the odds.”
The Better Letter
JANUARY 12, 2023
trillion into the economy in addition to the $4.1 In 1998, the then-future Nobel laureate Paul Krugman made a remarkable and erroneous prediction : “By 2005 or so, it will become clear that the Internet’s impact on the economy has been no greater than the fax machine’s.” Inflation was already hot.
The Big Picture
MAY 21, 2024
I graduated Columbia 2002, and I’m the only person I know who stayed in the same job for the last 23 00:08:35 [Speaker Changed] Years. They eventually get a CFP and they go to the advisory side. I think it’s not just new economy chip purveyors, but it’s also the companies that buy the chips and become better.
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