author avatar
Mark Chandik

Jun 29, 2026

1776 to Today: Reflections on the Fourth of July

As the United States approaches the 250th anniversary of its founding—a milestone known as the Semiquincentennial—the Declaration of Independence remains as important as ever. The treasured document declared the 13 colonies’ independence from Great Britain. It still stands today as a powerful symbol of the nation’s identity.

Written in 1776, the Declaration did far more than announce a political separation; it articulated a bold vision of human rights and self-governance that continues to resonate across the globe.

Drafted primarily by Thomas Jefferson and adopted by the Continental Congress on July 4, 1776, the document proclaims “that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty, and the pursuit of Happiness.”

These words marked a revolutionary departure from the norms of monarchy, establishing a philosophy that still echoes stronger than ever.

With that in mind, let’s take a moment to consider several intriguing facts surrounding the Declaration.

  1. Independence was declared on July 2, the Declaration was adopted on July 4, and it was signed on August 2. John Hancock was the first to sign.
  2. Thomas Jefferson is considered the author of the Declaration. A five-person committee made up of Jefferson, Benjamin Franklin, John Adams, Robert Livingston, and Roger Sherman contributed ideas.
  3. There is a message on the back of the Declaration that reads, “Original Declaration of Independence dated July 4, 1776.” Experts believe it was added while in storage.
  4. The first public reading of the Declaration took place in Philadelphia on July 8, 1776. When George Washington read the Declaration in New York City on July 9, 1776, the words were so inspiring that the people started a riot.
  5. John Dunlap made about 200 copies, which were distributed throughout the colonies. There are only 26 known surviving “Dunlap Broadsides.”
  6. The Declaration and Constitution were taken to Fort Knox shortly after the attack on Pearl Harbor.
  7. In 1989, someone discovered a previously unknown Dunlap Broadside hidden in a picture frame bought for $4 at a flea market. It sold in 2000 for over $8 million.

Sources: ConstitutionCenter.org, ConstitutionFacts.com, Military.com, CNN

The 250th anniversary of Independence Day isn’t just about a celebration. It’s also a chance to pause and reflect. It’s a moment to appreciate the courage of our nation’s founders while recognizing the work of living up to their ideals is still ongoing.

Enjoy the upcoming holiday weekend!

author avatar
Mark Chandik

Reproduction Prohibited without Express Permission. Copyright FDP Wealth Management. All rights reserved. Advisory Services offered through FDP Wealth Management, LLC, a state Registered Investment Adviser and Valmark Advisers, Inc. a SEC Registered Investment Advisor. Securities offered through ValMark Securities, Inc., Member FINRA/SIPC. 130 Springside Drive, Suite 300, Akron, OH 44333-2431 800.765.5201 Prosperity Partners and FDP Wealth Management, LLC are separate entities from ValMark Securities, Inc. and Valmark Advisers, Inc. Prosperity Partners, FDP Wealth Management, LLC, ValMark Securities, Inc., Valmark Advisers Inc., and their representatives do not offer tax advice. You should consult your tax professional regarding your individual circumstances. Indices are unmanaged and cannot be invested directly in. Past performance is not a guarantee of future results.

Indices are unmanaged and do not incur fees, one cannot directly invest in an index. You should consult your tax professional regarding your individual circumstances. This information is provided by Financial Jumble, LLC. Financial Jumble, LLC is a separate entity from ValMark Securities, Inc. and ValMark Advisers, Inc.

RELATED POSTS

A Hotter August CPI Builds Rate Hike Momentum

First, let’s clarify that any attempt to predict the Federal Reserve’s actions this week is, at best, an educated guess. Fed Chair Kevin Warsh has struck a hawkish tone, and the odds of a quarter-point increase in the fed funds rate are 87%, according to the CME Group. It was 59% on September 4.

Behind the Jobs Report

On Friday, the US Bureau of Labor Statistics (BLS) reported that nonfarm payrolls rose by a much greater-than-expected 162,000 jobs in August. The unemployment rate held steady at 4.1%.

Location Location Location

The graphic below compares the change in home prices, adjusted for inflation, for various US cities. For example, the average USA home price has topped inflation by 238% since 1948. Why has there been such a wide trajectory in prices, and why have they proven so persistent?

Rising Yields Faily to Derail Stocks

This year, the stock market has risen significantly. Lingering worries about oil prices, inflation, the war with Iran, and the possibility of an AI bubble haven’t subsided. But the economy is expanding, corporate profits have been strong, and the S&P 500 Index set a new high last week, according to the Wall Street Journal.

All Gas, No Brakes: Profits Soar in Q2

In a solid earnings season, we’d generally expect S&P 500 companies to deliver double-digit profit growth, meaning earnings growth of at least 10% versus a year ago (20% tops). That’s not a hard-and-fast rule, but it provides a useful benchmark for evaluating the strength of a quarter.