CEO Comments:
A Season of Challenges... and Changes What a year it’s been and it’s not even half over!! Where do I start my remarks in this issue? Market volatility because of lingering supply chain disruption? The highest inflation rate experienced in forty years, coupled with the FED announcing it planned to now get serious in “flattening” the inflation curve by raising rates as many as 6-7 times over the next year? The new Covid variant that is evolving, or the worst military conflict since World War II in Europe as Russia continues its devastating assault on Ukraine? I have been in this business for nearly forty-one years and while the 1980’s had a terrible impact on our industry, I cannot remember a time when we have experienced so many significant threats (all at one time) to our way of life for over 70 years (the end of WWII). Yes, we have had wars and economic volatility, but nothing like we are currently going through. Yet, as a country, we are still blessed, especially as I watch the news reports about the horrors the Ukrainian people are suffering. Just as we think it can’t get any worse - it certainly could.
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Spring 2022 — Partners
