This week includes Valentine’s Day, the day millions worldwide exchange cards, letters, candy, flowers and other gifts with the center of their affection. While many have wondered if that center is only for the feminine gender, others have imagined a different world:
Regardless, this day that commemorates the saint who, legend has it, kept secretly marrying young Roman couples even after Emperor Claudius banned marriages by men of military age because marriage, somehow, interfered with their ability to defend the empire (imagine that!), is still more honored than ignored. Some say the mid-February date was set by the Catholic Church to coincide with a pagan fertility holiday, Lupercalia. Others say it is the day in 278 AD that Saint Valentine was martyred (not the last guy to lose his head over love).
While many refer to the date as a “Hallmark Holiday,” the truth is that at least since the Middle Ages (long before Hallmark’s 1910 founding), valentines have been exchanged on this day. For example, the History Channel reports that:
The oldest known valentine still in existence today was a poem written in 1415 by Charles, Duke of Orleans, to his wife while he was imprisoned in the Tower of London following his capture at the Battle of Agincourt. … Several years later, it is believed that King Henry V hired a writer named John Lydgate to compose a valentine note to Catherine of Valois.
What has this to do with the financial markets?…
All the best,
About Jerry Wagner
CEO for Flexible Plan Investments, Ltd. (FPI), Jerry Wagner is a leader in the active investment management industry. Since 1981, Flexible Plan Investments has focused on preserving and growing capital through a robust active investment approach combined with risk management. Headquartered in Michigan, FPI offers a wide array of strategies and services that help financial advisors build their business and retain clients. More importantly, FPI helps hundreds of clients achieve their long-term financial goals.