This week marks the fiftieth anniversary of the generation-defining Woodstock Festival. It was billed as ‘Three Days of Peace and Music,’ clearly something we could all use after the last two tumultuous weeks in the financial markets! Aside from iconic musical performances, Woodstock is also remembered for its crowds and inclement weather.
Turning to the music, many of the great songs performed at Woodstock connect to the current state of the financial markets:
All expressions of opinion reflect the judgment of Raymond James & Associates, Inc., and are subject to change. Information has been obtained from sources considered reliable, but we do not guarantee that the material presented is accurate or that it provides a complete description of the securities, markets or developments mentioned. There is no assurance any of the trends mentioned will continue or that any of the forecasts mentioned will occur. Economic and market conditions are subject to change. Investing involves risk including the possible loss of capital. International investing involves additional risks such as currency fluctuations, differing financial accounting standards, and possible political and economic instability. These risks are greater in emerging markets. Companies engaged in business related to a specific sector are subject to fierce competition and their products and services may be subject to rapid obsolescence. Past performance may not be indicative of future results.