Examined together, this data indicates that while the economy has potential challenges, it also demonstrates solid growth, reasonable inflation, and strong corporate performance. That story feels different than the sharp drop we experienced last week. Many treats coupled with market declines. Hard to reconcile. Will November follow suit?
Looking at the bigger picture, our current circumstances provide another reminder that volatility is normal, and examining economic fundamentals is critical.
Still, risks exist, and in the coming weeks we will pay very close attention to data and performance. In particular, we will follow the Federal Reserve’s comments and actions to see what may lie ahead for interest rates. In the meantime, please let us help answer your questions and address your concerns. We are here to help you pursue your goals, in every market environment. Looking forward to connecting with you in the manner you prefer, in person, Zoom/Skype or via email or telephone. Let’s schedule something before year-end.