Wednesday October 8, 2014
Market Update, October 8th 2014
The market has pulled back about 3% from its recent high point. Slow global recovery is the main culprit driving the S&P 500 down. However, there are a few bright spots including a strengthening dollar, new Federal Open Market Committee meeting notes reaffirming the Central Bank’s intent on prudency with rate increases, and today enjoying the largest one-day gain from US stocks all year.
Click the image below to watch the analysis. Please watch in HD for best results.
If you have any questions or feel like a conversation about risk is warranted, please reach out to me. Thanks for watching!
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