The Prudent Retiree - June 2017

“The Truth Does Not Change According to Our Ability to Stomach It.”

          -Flannery O’Connor

Flannery O’Connor was an American author noted for her depictions of the South. She is most remembered for the short story collection, A Good Man Is Hard to Find. Based on the many conversations we’ve had with so many of you over the past couple months, the consensus is that a good President might be even harder to find. We probably should expand that to D.C. creatures in general. In and out of office.

The market seemingly does not care about the chaos. It continues to chug higher. Think the little engine that could. The Fed raised interest rates today. Not enough to get an acceptable return at the bank. The stock market will continue to have appeal. Employment and the economy are slowly, but steadily improving. Inflation remains in check. The biggest challenge remains stagnant wages- only slight improvement in workers’ paychecks.

In answer to the many questions about the never-ending D.C. drama, Prudent Retiree can only answer- who knows? Up to this point, it hasn’t mattered to the market and we are not going to argue. Stay fully invested according to your investment risk profile. When change is warranted, we’ll let you know.


Here at Horseman Group, we strive to provide you with the highest possible level of customer service. Feel free to reach us at 314.692.7842 or with any questions regarding your investments, risk management, or retirement. 

Should you wish to be removed from this mailing list for any reason, please respond to this email with your request, and your name will be removed immediately.

Horseman Group – 3 CityPlace Drive - Suite 290 – St. Louis, MO 63141 – 314.692.7842

Securities and advisory services offered through National Planning Corporation (NPC), Member FINRA/SIPC a Registered Investment Adviser. Horseman Group and NPC are separate and unrelated companies. The views expressed within are of John Horseman, not National Planning Corporation (NPC), and should not be construed as investment advice.  Investment decisions should be based on individuals’ investment goals, risk tolerance & time horizon. Past performance is no guarantee of future results.  NPC is not to be held responsible for and may not be held liable for the accuracy of information available. Investing involves risk including the potential for loss of the principal amount invested. There is no guarantee that any investment strategy will be able to meet its intended objective. Certain statements contained within are forward-looking statements including, but not limited to, statements that are predictions of or indicate future events, trends, plans, or objectives. Undue reliance should not be placed on such statements because, by their nature, they are subject to known and unknown risks and uncertainties. Indices are unmanaged measures of market conditions. It is not possible to invest directly into an index. Past performance is not a guarantee of future results.

Horseman Group