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Written by Nadia Tafreshi   

Halloween

 

According to a Boston newspaper, Halloween costume companies claim to be able to predict the outcome of the presidential election based off of the number of candidate masks it sells. In 1996, Clinton mask sales more than tripled Dole masks and in 2004, Bush sold more masks than Kerry. With a fool proof formula like that, why is the upcoming election causing so much uncertainty in the market? It is in part because of this uncertainty that we are facing such a surge in volatility. 

 

Almost all of us are feeling these market effects, but in many different ways. Baby Boomers are concerned for their retirement, homeowners are taking down the ‘For Sale’ sign in their yard, and businesses are cutting costs wherever they can. So far in 2008, the professional services industry is among the highest for layoffs but, despite all that, TGG has had a growth spurt in the past 6 months. We continue to stay optimistic, grow our business, and revolutionize the way financial services are being delivered. Recently, we expanded to a second office suite, allowing us to add at least 8 more talented individuals to our staff.  It just goes to show than even during hard times, the strong will survive. We are doing just that, and more.

 

TGG will continue to push forward and flourish even with these current conditions. Although there is not much we can do, it is likely we will be facing continued volatility in our market until it regains its certainty.  Hopefully we can expect things to ease after the election so, the real question remains…

 

Which candidate are you going to be for Halloween??

 

--Nadia

 

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