Just a few comments on all this market volatility the past few days…
So, the market opened sharply down this morning 500 points, before whipsawing into positive territory. As of now, the Dow is up 177 points, but it’s bouncing all over the place. Will it hold, and will we finish the day positive? Neither I nor anyone else on the planet knows for sure. My personal opinion is that there is more volatility to come. While that may cause concern for some, it really shouldn’t.
http://acmgnt.wpengine.com/wp-content/uploads/2016/11/logo.jpg00Richard Moonhttp://acmgnt.wpengine.com/wp-content/uploads/2016/11/logo.jpgRichard Moon2018-02-06 18:47:422018-02-12 15:36:50What to Make of this Market - 2.6.18
Today’s political landscape is as crazy as we’ve ever seen. With all the drama surrounding President Trump’s first month in office, everyday seems to bring with it more uncertainty about the state of affairs within our nation and abroad. Amidst all of this, one thought that might come to mind is, “this can’t be good for the market.”
Well, the fact of the matter is, 2017 (and the last 3-month period for that matter) has been remarkably strong. While we might see a lot of things going on in the world and interpret such events as highly unstable, the market sometimes responds to a different set of criteria. It could be that investors and institutions see a lot of business stimulus coming in the way of individual and corporate tax cuts (promised by Trump), as well as the Trump Administration’s moves toward deregulation, as a boon to the economy.
http://acmgnt.wpengine.com/wp-content/uploads/2016/11/logo.jpg00Richard Moonhttp://acmgnt.wpengine.com/wp-content/uploads/2016/11/logo.jpgRichard Moon2017-02-23 06:04:132018-02-12 15:37:26Avoid the Temptation to Time the Market - 2.23.17