Tomorrow is Veteran’s Day. It’s a day we set aside to honor those who have served in the armed forces to defend our country. It’s a great holiday, and I’m proud to celebrate it.
It started as Armistice Day when President Wilson wanted to commemorate the end of the “War to End All Wars.” After that prediction proved a little hollow, President Eisenhower signed the law establishing Veterans Day as a day to remember all the men and women who have put their lives on the line.
It’s a fitting reminder that, as Jefferson said, “The price of freedom is eternal vigilance.” It’s fitting that the US stock and bond markets—the most liquid and most transparent markets in the world—stop to consider the brave men and women willing to hazard all in order to keep them, and us, free.
At Charter we recognize this debt, and we offer our thanks.
Douglas R. Tengdin, CFA
Chief Investment Officer
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