StrainAugust 11, 2021 -
Categorized in: IAG News
My high frequency word of the past week has been strain. I must admit I have not spent much time thinking about the connotations of strain during my lifetime, but it is an incredibly flexible word with both positive and negative connotations in our world right now.
The most common strain right now is the “Delta Strain.” This strain could have negative ramifications for your health, your attitude, and the financial markets. This is one strain we could do without.
On the positive side, the recently concluded summer Olympics showcased thousands of athletes who strain their bodies to speeds, heights, and precision that astound us. Strain is incredible effort that can lead to gold.
Of course, strain can be taken too far. With Packers training camp open, reports of strained muscles are appearing on the injured list. Maximum effort to the point of muscle damage is harmful. Sometimes it is necessary to restrain your strain.
Then there was the reminder from the Milwaukee Metropolitan Sewage District asking residents to limit their water usage for a few days so they could catch up from Sunday’s stormwater deluge. Their strains were strained.
And finally, the federal government is testing how much financial strain it can put on the Treasury markets before traders react negatively. The U.S. Treasury has reached the statutory debt limit and cannot issue more debt while Congress is contemplating spending trillions of additional dollars. We anticipate headlines with political strain later this year.
With all of the positive and negative strains in your life, it is important to have a personal financial strainer on your side.
Our caring financial advisors help people who are straining for a personal goal, would like help straining out harmful strategies, or are bouncing back from financial strain. Choose them to help you, your friends, or your family both maximize and minimize strain.
Quote of the week: Ralph Ransom: “All life demands struggle. Those who have everything given to them become lazy, selfish, and insensitive to the real values of life. The very striving and hard work that we so constantly try to avoid is the major building block in the person we are today.”
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Any opinions are those of IAG and not necessarily those of LPL Financial. Expressions of opinion are as of this date and are subject to change without notice. This information is not intended as a solicitation or an offer to buy or sell any security referred to herein. No strategy assures success or protects against loss. Investing involves risk including loss of principal.