Live Market Update – April 5, 2024

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Quarterly Letter: Everyone is Just Waiting

April 10, 2024 – The fall of 1982 was truly a depressing economic period. In November, unemployment hit 10.8%, its highest rate since the great depression. Flint, Michigan, experienced the highest unemployment rate of any metropolitan area, with 23.4% of the labor force out of work.[1] Even President Ronald Reagan, then in the second year […]