Brad McMillan, Commonwealth’s CIO, recaps the market and economic news for August. It was another good month here in the U.S., with the stock market up across the board. The economy, consumer confidence, and hiring all continued to grow. This growth is translating into corporate profits as well, with 80 percent of companies beating expectations. Still, September is a historically volatile month, and the midterm elections may cause some turbulence. Will these strong fundamentals help carry us forward? Stay tuned to learn more. Follow Brad at blog.commonwealth.com/independent-market-observer.
Follow Katherine Liola’s Financial Fitness Planning Tip of the week every Friday on Facebook, Twitter and LinkedIn.
Advisory services offered through Commonwealth Financial Network®, Registered Investment Advisor.
Schedule a Consultation
Got questions? We'd love to spend some time getting to know you and your goals, and offer our best insight into the right investment strategy for you. Schedule a consultation today.