Early Risers Breakfast Club of Grand Rapids

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  • Market Update - Doug Cloutier, Financial Solutions Advisor & Alec Knorr, Fund Manager - Merrill Lynch

Market Update - Doug Cloutier, Financial Solutions Advisor & Alec Knorr, Fund Manager - Merrill Lynch

  • Wednesday, June 19, 2024
  • 7:00 AM - 8:30 AM
  • Big E's Sports Grille at the Embassy Suites by Hilton Grand Rapids Downtown, 710 Monroe Avenue NW, Grand Rapids 49503

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BREAKFAST CLUB OF GRAND RAPIDS

Established 1936 – John A. Collins, President

EMBASSY SUITES BY HILTON, GRAND RAPIDS DOWNTOWN

Big E's Sports Grille

710 Monroe Avenue NW, Grand Rapids

WEDNESDAY, JUNE 19, 2024 – 7:15 AM


The stock market has been on quite a roll as of late. How long will it last? What is a smart investment? Is it best to play it safe, press an advantage, or go all in?

Everything has its risks and rewards -- especially the stock market. It is a gamble, but one that often pays off with time, commitment, patience, and good advice. Our presentation is a market update from a former BC'er, Doug Cloutier, and his colleague, Alec Knorr. Please bring your questions, speculations,  stock tips, and deeds to swamp land you're looking to unload to our next breakfast.

Invocation: Eric Nelson
Introduction: Jeff Kissinger

The Stock Market

  1. “Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.” ~ Warren Buffett 

  2. “Luck is what happens when preparation meets opportunity.”  ~ Lucius Annaeus Seneca

  3. And in today’s stock news…

    Helium was up, feathers were down. Paper was stationary. Fluorescent tubing was dimmed in light trading. Knives were up sharply. Pencils lost a few points. Hiking equipment was trailing. Elevators rose, while escalators continued their slow decline. Weights were up in heavy trading. Mining equipment hit rock bottom. Diapers remained unchanged. The market for raisins dried up. Balloon prices were inflated. And toilet paper touched a new bottom.

    ~ Unknown

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