Painful as they are for individuals and companies, long-term equity investors should welcome recessions. The stock market peaks an average of seven months before a recession begins. The last equity peak on an inflation-adjusted basis was November 2021 and prices are down more than 20% since.
Judith Meyer
Judith Meyer is executive editor of the Sun Journal, Kennebec Journal, the Morning Sentinel and the Western Maine weekly newspapers of the Sun Media Group. She serves as vice president of the Maine Freedom of Information Coalition and is a member of the Right to Know Advisory Committee to the Legislature. A journalist since 1990 and former editorial page editor for the Sun Journal, she was named Maine’s Journalist of the Year in 2003. She serves on the New England Newspaper & Press Association Board of Directors and was the 2018 recipient of the Judith Vance Weld Brown Spirit of Journalism Award by the New England Society of Newspaper Editors. A fellow of the National Press Foundation and the Knight Center for Specialized Journalism, she attended George Washington University, lives in Auburn with her husband, Phil, and is an active member of the Bicycle Coalition of Maine.
Posted inAndroscoggin County, Lewiston-Auburn, Maine, Maine Crime, News
Defense lawyers want murder indictments dismissed because Maine State Police heard confidential calls
The lawyers for Bobby Nightingale and Jaquile Coleman seek to have the charges thrown out because of alleged attorney-client privilege violations.
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Posted inLewiston-Auburn, Maine, Religion & Values
Maine religious leaders hope to stem drop in attendance
Religious attendance is on the decline in Maine, the third least religious state in the nation, according to Gallup polls.
Posted inOp-Eds, Opinion
History explains why the left is mad over Biden’s student loan relief
A little help, but not for everyone, has been a fundamental part of the federal government’s approach to helping Americans go to college since the 1930s. Why? Like most things in Washington, it has always come down to politics.
Posted inOp-Eds, Opinion
Why monarch butterflies, now endangered, are on the ‘edge of collapse’
The endangerment declaration focused on the migratory monarchs of North America, and did not include more stationary populations in southern Mexico, Central America, northern South America and the Caribbean.
Posted inOpinion
Climate change is killing more elephants than poaching, Kenyan officials say
Rangers and hunters have tried to help the animals by supplying water and planting drought-resistant trees, but the dry spell has been relentless. Exacerbating the food crisis has been Russia’s invasion of Ukraine, which has driven up the prices of wheat and maize.
Posted inOpinion
Climate change and vanishing islands threaten brown pelicans
Flying in a small plane low enough to see the heads of pelicans poking from mangroves, the difference between Raccoon Island and unrestored Philo Brice is stark: One is solid land, the other like soft bread dissolving in a soup of blue.
Posted inLetters, Opinion
Stephen Sokol: Humanity is ‘hanging from a cross of iron’
On Saturday, Aug. 6, a remembrance event for Hiroshima, the first city destroyed by an atomic bomb, will be held at the Franco Center in Lewiston, sponsored sponsored by Veterans for Peace, PeaceAction Maine and Physicians for Social Responsibility. This is especially relevant as the Ukranian War grinds on and Russia threatens the use of […]
Posted inOp-Eds, Opinion
The solution to U.S. border woes is no secret
The arguments for a more liberal immigration policy are solid. A robust and still growing body of economic research has repeatedly debunked the claim that immigrants take Americans’ jobs and cut their wages. It was bogus back in the time of the Braceros.