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Priddle & Sheppard Investment Group

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Scott Sheppard

October 31, 2022

Money Economy Commentary
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Tactical Growth Strategy - Weekly Briefing

Some of us spend a tremendous amount of time analyzing charts, economic reports, and even Federal Reserve Meeting Minutes trying to get even the slightest edge on the markets... or am I the only geek?

 

However, I did read something other than charts and numbers this week, as there was a little bit of ESPN in the mix. As you may know, it is World Series time, and the Philadelphia Phillies are taking on the Houston Astros. Over the past 100 years, the surest sign of an oncoming financial crisis has been a Philadelphia based baseball team winning the world series:

 

1929 – won World Series

1980 – won World Series

2009 – won World Series

2022 – ongoing best of seven World Series

 

Tonight the series swings back to Philly and it’s tied 1-1. I’m not about to make any investment decisions for you based on the outcome of some sporting event, but let’s pull for the Astros...just to be safe.

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CIBC Private Wealth” consists of services provided by CIBC and certain of its subsidiaries through CIBC Private Banking; CIBC Private Investment Counsel, a division of CIBC Asset Management Inc. (“CAM”); CIBC Trust Corporation; and CIBC Wood Gundy, a division of CIBC World Markets Inc. (“WMI”). CIBC Private Banking provides solutions from CIBC Investor Services Inc. (“ISI”), CAM and credit products. CIBC Private Wealth services are available to qualified individuals. Insurance services are only available through CIBC Wood Gundy Financial Services Inc. In Quebec, insurance services are only available through CIBC Wood Gundy Financial Services (Quebec) Inc.


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