This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA Mad Max 2 known as The Road Warrior was a 1981 movie that was the second installment of the Mad Max film series. The star and hero of the movie was Mel Gibson (remember him?) who played “Mad” Max. The… Continue Reading: Mad Max Was Wrong
Last quarter, many investors watched closely as the Greek debt drama played out on a global stage. Three months later, investors once again are warily watching how international economic conditions impact domestic markets. Headwinds include worries over slower growth in Europe and Asia; the effects of lower commodity prices; uncertainty over the Federal Reserve’s rate… Continue Reading: Third Quarter Marked by Mixed Data and Volatility
The movie Dodgeball: A True Underdog Story came out in 2004. It’s a story about gym owner Peter Lafleur (Vince Vaughn) trying to save his gym. The gym is very behind on its bank loan and Peter is concerned it will be closed. One of his gym members suggests they enter a dodgeball tournament in… Continue Reading: Average Joe’s
The price of a barrel of oil has dropped from over $100 to under $50 since June 2014. This decline can be measured by looking at the Brent Oil which is the international index or West Texas Intermediate (“WTI”) which is the U.S. index. Why was there this sharp decline? Like all commodities it is about supply and demand. When the supply is up and the demand is down prices decline.