From our Friend at Sandler O’Neill

by Laura Ehrenberg-Chesler on December 12, 2016

in Economic Indicators,equity market,politics,United States of America

A few days ago our good friend and partner at Sandler O’Neill wrote a short piece about the outlook for the economy, and the markets, since the
election. I thought the conclusion was profound and have decided to post it on our blog to share with our friends and clients.

“And to feed their cohort they first organized a cooperative and distributed each to his need. This failed. Then land was distributed and those who tilled well, prospered and those who did not sought salvation from another level. This election was not about throwing the bums out, nor bringing jobs back to inefficient industries, it was, in large part a reaction to a loss of dignity , respect, and a culture that rejected our heritage. . The elements that bend to the words embossed on the statue of Liberty: Give me your tired your poor,, your huddled masses yearning to be free…. it was a release of years of frustration from a leadership that did not recognize the worth of the human effort.

“But the direction has been recast. As the man said.. Go forth and prosper to your own abilities. It is time to remember that these qualities shall not perish.”

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