December 12, 2023
Year-end change dates
April 10, 2023
Could there be another fantastic opportunity like 1974?
Some in the investment business go a little punchy when they try to imagine the Dow at 575, not just once but twice at double the bottom in 1974. Wow life was great, the IPO market was the best opportunity. Some of the big names went public around that time. Some are still around, like AMEX and FedEx; and some are not like MCI Communications bought up in pieces.
Today in 2023, the early part of the new decade, the growth process will be the same as it was going into the eighties. Part of it is in the headlines now with the major oils buying into shale oil companies.
That restructuring will happen as well in the broad technology area, which feeds into every facet of the infrastructure and economy.
Progress is always dialectic, or else society and culture fall back on itself. If you are moving ahead, it is toward the antitheses – the destructive stage- way before the new end-user products make headlines.