An illustration of how the mural will look on Eagle Street using Google Maps.
NORTH ADAMS, Mass. — The downtown will be getting a spray of flowers on Eagle Street this June.
Six flowers — each in a rainbow color and representing a Massachusetts wildflower — will be painted on Eagle Street by volunteers.
The Public Arts Commission on Monday approved the street mural that will be part of the next First Friday event in June to mark Pride Month.
The Rainbow Street Crossings proposal was presented by Andrew Fitch, an organizer of the monthly downtown event. He had initially approached the commission for support at its last meeting, which was given.
The mural will be painted on the street next to the mobile parklet that was put in place for the season on Monday morning.
"I put out a limited request for proposals, just people I've talked to, to kind of get it done quickly," he said. "And I reached out to about seven different key individuals, some of whom are members of the LGBTQIA-plus community."
Of the submissions, Fitch brought forward four that seemed suitable for the space and easy to implement.
In addition to the flowers, one concept was the word "love" with each letter done in a pattern of rainbow colors that one commissioner thought looked like a Sol Lewitt drawing. The other two were the rainbow colors with the silhouette of an eagle on it and colorful mountains reflecting the Berkshire hills.
Fitch leaned toward the graphic design of the "love" image as his favorite.
"Honestly, this one excited me the most but I'm certainly open to feedback," he said. "It was just so bright and interesting."
Chair Anna Farrington thought it would be easiest to replicate with paint rollers and would have the most traffic calming effect.
Speaking of the flowers, Commissioner Emily Johnson imagined they would "feel a bit more loose, where you're hand drawing the flowers whereas like, the 'love seems' a little bit more precise."
The commissioners weren't sure at first how to proceed, noting they had approved concepts but not chosen a particular artwork.
In two rounds of voting, they chose first the "love" and flowers as their top choices feeling the designs would best suit the space and be visually identifiable to drivers. Then, though love had seemed to be the favorite from the beginning, they unanimously chose the flowers — and seemed a little surprised they had.
Farrington abstained from voting as the flowers and two other submissions were her designs but Mayor Jennifer Macksey, who was in attendance, voiced her support for the flowers.
Fitch said the next steps were to get paint and volunteers. The plan is to paint the mural as soon as the street closes before the June First Friday event.
The mayor asked if chalk had been considered because the city is still having internal discussions about the use of paint on the roadways. Fitch and Harrington said the goal was to have the mural survive the summer with the potential for it to be refreshed each spring. They noted that the mural would not interfere with any traffic markings on Eagle (the City Council had passed on painted crosswalks last year over concerns they could affect state or federal funding).
The commission also agreed to the mayor's request to put out a call for submissions for a mural on the concrete retaining wall at Western Gateway Heritage State Park.
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What should you expect from your investments?
Submitted by Edward Jones
To help achieve your financial goals, you may need to invest in the financial markets throughout your life. However, at times your investment expectations may differ from actual returns, triggering a variety of emotions. So, what are reasonable expectations to have about your investments?
Ideally, you hope that your investment portfolio will eventually help you meet your goals, both your short-term ones, such as a cross-country vacation, and the long-term ones, such as a comfortable retirement. But your expectations may be affected by several factors, including the following:
Misunderstanding – Various factors in the economy and the financial markets trigger different reactions in different types of investments — so you should expect different results. When you own stocks, you can generally expect greater price volatility in the short term. Over time, though, the "up" and "down" years tend to average out. When you own bonds, you can expect less volatility than individual stocks, but that’s not to say that bond prices never change. Generally, when interest rates rise, you can anticipate that the value of your existing, lower-paying bonds may decrease, and when rates fall, the value of your bonds may increase.
Recency bias – Investors exhibit "recency bias" when they place too much emphasis on recent events in the financial markets, expecting that those same events will happen again. But these expectations can lead to negative behavior. For example, in 2018, the Dow Jones Industrial Average fell almost 6percent – so investors subject to recency bias might have concluded it was best to stay out of the markets for a while. But the Dow jumped more than 22percent the very next year. Of course, the reverse can also be true: In 2021, the Dow rose almost 19 percent , so investors who might have been susceptible to recency bias may have thought they were in for more big gains right away — but in 2022, the Dow fell almost 9percent . Here’s the bottom line: Recency bias may cloud your expectations about your investments’ performance — and it’s essentially impossible to predict accurately what will happen to the financial markets in any given year.
Anchoring – Another type of investment behavior is known as "anchoring" — an excessive reliance on your original conviction in an investment. So, for instance, if you bought stock in a company you thought had great prospects, you might want to keep your shares year after year, even after evidence emerges that the company has real risks — for example, poor management, or its products could become outdated, or it could be part of an industry that’s in decline. But if you stick with your initial belief that the company will inevitably do well, and you’re not open to new sources of information about this investment, your expectations may never be met.
In many areas of life, reality may differ from our expectations — and that can certainly be true for our investments. Being familiar with the factors that can shape your expectations can help you maintain a realistic outlook about your investments