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An investment in knowledge pays the best interest.
Ben Franklin
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Economic and Market Review August 2024
Stocks have largely recovered from the almost 10% correction seen early in August, which was the worst start to a month since 2002. However, in just 11 trading days the market had recovered and even came near its record July highs.
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PotlatchDeltic’s Strong Roots Amidst Headwinds
PotlatchDeltic (PCH) is a lumber REIT with 2.2 million acres of timberland and 7 sawmills, concentrated largely in the Pacific Northwest and Deep South. Currently, the lumber market is depressed by oversupply and unseasonably low construction demand. This has driven PotlatchDeltic’s price down by 11% over the trailing twelve months.
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Is Your Portfolio and Retirement Safe from the Devasting Damage of Inflation?
Investors need to be aware that inflation damage compounds over time. We have undergone a secular change, and inflation will continue to move up over the medium term.
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