By: Daniel Morgan, Senior Trust Portfolio Manager There are many similarities between the Roman Empire that lasted more than 1,000 years and the American Empire that has been in existence for a mere 250 years. Many of the same economic challenges that the Romans confronted Americans are facing today: runaway inflation, food shortages, plagues, porous…
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Category: Economy
How Can Investors Compare Today’s “Tech Wreck” to the “Dot.Com Bubble” in YR2000?
By: Dan Morgan, Senior Trust Portfolio Manager It appears funds are flowing away from high multiple Tech growth stocks toward defensive names. Technology stocks seem to sell off when any news of Fed tightening surfaces or concerns about future economic growth arise. The “Dot.com Bubble” was characterized by the end of a massive spending boom…
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