We are honoring the service of our veterans who have kept our country safe from all enemies throughout the years.
WIXOM, Mich. (PRWEB) November 12, 2018
Bill Poulos, President of Profits Run, Inc., today shed light into the history of Veterans day and how capitalism plays a role in its celebration. Poulos revealed this as he reminded traders which markets are closed in observance of the federal holiday. Today, Poulos shared, “This is a reminder to all traders and investors that Veterans Day was Sunday, November 11th but it is being observed today, Monday, November 12th. In light of the federal holiday today, the bond markets are closed however the stock market currency markets and other futures markets are all open.”
Yesterday, Sunday, November 11, 2018 was Veterans Day. In observance of Veterans Day, today (November 12, 2018) is a federal holiday. Originally called Armistice Day but later renamed Veterans Day (1954), the day is reserved to honor US military veterans. It is observed annually on the 11th of November. The date signifies the formal end of major hostilities during World War I—the Armistice with Germany went into effect on November 11th, at the 11th hour.
Profits Run’s president continued, “I'd like to take this opportunity to talk about why we celebrate Veterans Day. For most it's quite obvious, we are honoring the service of our veterans who have kept our country safe from all enemies throughout the years—whether it be the current generation or past generations. It was the greatest generation's veterans that saved the world from certain tyranny and changed the course of history. They did so against all odds, prevailing over the German war machine in the European Theater and the Japanese war machine in the Pacific Theater. Britain was on its knees, down for the count, when Winston Churchill literally begged Franklin Roosevelt to come to Britain's aid. Roosevelt turned him down initially but eventually found a way, called the lend lease program, to buy time for Britain until the US entered the war.”
Poulos went on to conclude, “In the ensuing four years, the United States out produced Germany, Japan, and Italy combined. Building tanks, planes, vehicles of all types, and ships of all types—which enabled our courageous veterans to swing the tide of the war and emerge victorious in both Europe and Asia. Most people don't realize that the United States was able to do that because of our free capitalistic economy which was so strong, so powerful it could convert the means of production to the war effort—almost overnight. Hitler and the Japanese generals were completely taken by surprise. They had no idea the United States had that sort of economic and manufacturing capability. So, on this Veterans Day I would encourage everyone, especially traders and investors, to understand that it was capitalism that enabled our veterans to save the world from certain tyranny.”
Bill Poulos is a published author, humanitarian, and veteran investor. He has been trading since the 1970s. Bill is president of Profits Run, Inc. He started the company with his son, Greg Poulos, from the Poulos family kitchen table. Poulos earned his MBA with a degree in finance from the University of Michigan. He earlier obtained his bachelor’s in engineering from GMI (General Motors Institute). Poulos worked as an executive for General Motors for many years, only after working his way up through the ranks from starting out as a student. Poulos is a regular contributor on Investing.com and wrote the book “Poulos' Simple Options Trading For Beginners: How to trade options from A to Z explained in plain English”. He and his wife of over 48 years reside in Michigan. Together they have 3 grown sons and 2 grandchildren.
About Profits Run, Inc.
Profits Run is headquartered in Wixom, Michigan. The family run business was established by the father son pair, Bill and Gregory Poulos, in 2001. The publishing company offers products and information on how individuals can use more simple trading techniques to invest, while implementing proper risk management. Profits Run gained its name from a popular saying amongst traders, “Cut your losses and let your profits run.”