Episode XVII: The Last Hike
Doug Walters
For fans of Janet Yellen and Star Wars, we have once again broken with convention to offer you a special edition of Insights to brighten spirits during this hectic time of the year.
In a galaxy not so far away…
Contributed by Doug Walters , Michael Leist
Two years ago this week, we honored Fed Chairwoman Janet Yellen and Disney (DIS) with a special video version of Insights in the theme of the Star Wars opening crawl (Episode XV: A New Rate). The Fed was raising interest rates for the first time in nearly 10 years, while Disney was releasing, “Star Wars: The Force Awakens”, the first new live-action addition to the Star Wars franchise in 10 years.
This week, Janet Yellen announced another 0.25% rate increase, which is likely to be her last, as she is being replaced by Fed Governor Jerome Powell in February. Also this week, Disney released “Star Wars: The Last Jedi” and announced the acquisition of Twentieth Century Fox (the studio that launched and owns the original Star Wars trilogy). To honor her last rate action (and The Last Jedi), we are releasing a sequel of our own, Episode XVII: The Last Hike.
I hope this break from our traditional Insights format provides a welcome distraction from the bustle of the holidays, politics, or whatever else keeps you up at night. I would also like to take this opportunity to invite you to continue to make this a two-way conversation. We welcome your feedback, questions, and concerns.
Markets may be near all-time highs, but these are uncertain times. However, in the wise words of Yoda, “Fear is the path to the dark side.” There is no room for fear (or any emotion for that matter) in investing decisions. At Strategic, our rigorous process keeps your portfolios positioned towards your goals, regardless of the investing environment, with a focus on Quality, Value, and Diversification.
Enjoy, and may the Force be with you.
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