Provo Rotary Weekly Bulletins

October 28, 2016 At Rotary this week there was an All Clubs Luncheon held at the Salt Palace in Salt Lake City for all of the clubs in the state of Utah. Many prominent figures attended, including governor Gary Herbert.  The General Secretary, (the full time man, John, in Chicago the last 5 years) made some most significant comments about the future & needed growth of Rotary International. Overall, it a great event and we were pleased that many Provo Rotarians could attend.

October 20, 2016 This week at Provo Rotary members Steve Tolley and Ruth Riley, both financial consultants, summarized what we know about the influence of presidential elections on the US economy.  In the long run, it makes little difference financially whether Republicans or Democrats win, but in recent history, the greatest growth has occurred under Gerald Ford, the second greatest under Barack Obama.  Withdrawing your investments during a presidential election to put them into cash could cause significant losses compared to just leaving them invested.  Wells Fargo predicts that Democrats will win the Presidency and the Senate this election but not the House.  Industrials, materials, IT, financial, pharmaceuticals, and consumer stables sectors will likely benefit. As for international trade, it will remain robust.