Think it’s Too Late to be a Rock Star at Something? Look at Mick Jagger: Market Commentary (or Just Commentary) from Cabana’s CEO – November 1, 2021

1 month ago

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November is here and the holidays are around the corner. Time keeps on flying by. Sometimes I wish everything could just stop. Only for a while. Maybe for a month or two. Then I could catch up on all the things I need to do, the people I need to hug, the beautiful world I need to see, the thoughts I need to think. Y’all know what I mean. It all keeps on going and going and going. And then it is gone.  

I have been living in Dallas since August with my wife. Our oldest daughter had a baby girl, and we rented a house close by to be with them as she and her husband began the incredible journey that is starting a family of their own. How is it possible that my baby girl is a mother herself? I am still a child, and my child has a child! Things just keep on moving on and I can’t make it stop. I know this is how it has always been. It was this way for my parents and their parents…and your parents too, but it still sometimes shakes me awake. Life goes fast and nobody gets a do over. So, start living and make it count. 

Speaking of somebody leaving it all on the field, how about Mick Jagger? He is 78 years old and rocking The Rolling Stones and the world as hard as he did fifty years ago. I am taking my family to see those boys tomorrow night. This will be my third time seeing them. I saw them once in my early 20s, once in my early 30s and now again at 54. I’ve got to say, I am so fired up. I can’t wait for my kids to see them. Just check out the photo Mick posted to his Instagram this afternoon in front of the Cotton Bowl. If you ever think it’s too late to be a rockstar at something, take a good look at him. Damn… I may start training for a triathlon or something.  

I digress. The market is just fine. Go hug somebody and think a deep thought or two.  

Disclaimers

February 23, 2021

This material is prepared by Cabana LLC, dba Cabana Asset Management and/or its affiliates (together “Cabana”) for informational purposes only and is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. This material may only be distributed in its original format and may not be altered or reproduced without the prior written consent of CabanaThe opinions expressed reflect the judgement of the author, are as of the date of its publication and may change as subsequent conditions vary. The information and opinions contained in this material are derived from proprietary and nonproprietary sources deemed by Cabana to be reliable, are not necessarily all-inclusive and are not guaranteed as to accuracy. As such, no warranty of accuracy or reliability is given and no responsibility arising in any other way for errors and omissions (including responsibility to any person by reason of negligence) is accepted by Cabana, its officers, employees or agents.  

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The COVID-19 health epidemic has had substantial global economic impact on financial markets. As of March of 2020, restrictions to travel and business spanning the economy for activities not deemed essential have been imposed throughout the United States. These restrictions have caused unprecedented volatility and uncertainty in capital markets and have negatively impacted the economy. It is unknown how severe the impact to the economy and capital markets will be if the epidemic persists for an extended period of time. The epidemic may have a material adverse impact on Cabana’s investment advisory business including, but not limited to, the performance of our portfolio strategies.  

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