In this month’s newsletter, we discuss expensive valuations in the stock market and share a good resources for glasses
We hope you and your family are enjoying summer. It's hard to believe that it is already August. Summers really do seem to go by faster each year.
In this month’s newsletter, we share our perspective on current valuations in the market and updates coming to the Child Tax Credit. As always, if you have questions or comments about the ideas shared, we invite you to connect with our team!
Best Regards, The Barry Team
Best of the Blog
When will the music stop?
This commentary from Jeremy Grantham explores the prolific rise of stock prices since 2009 and ...
The “Buffett Indicator” uses the Wilshire 5000 stock index to gauge the market value of the entire U.S. Stock Market. This value is then compared to U.S. Gross Domestic Product, or GDP.
Historically, a market value that is 120% of GDP is considered fairly valued. Today, we see the market at 228% of GDP, or 88% higher than the long-term trend line.
For us, this is just another signal that we are in the midst of a very frothy (and expensive) market, and caution is warranted.
Employee Favorites
Prescription Glasses, Online
Zenni is a website that allows you to order prescription glasses and have them shipped to your door. The website even shows you how to make some of the necessary measurements at home. They are a great resource for kids who often lose their glasses or for anyone who wants to have multiple styles on hand.
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