As my Inbox bulges with messages from various sources proclaiming financial Armageddon looming and what I should do with my money/shares/investments (all 10 cents worth of it…) I thought it a good time for some balance and perspective.
Martin H
SEE:
https://www.fidelity.com/viewpoints/market-and-economic-insights/quarterly-market-update
https://www.un.org/development/desa/dpad/publication/world-economic-situation-and-prospects-2018/
The stock market’s nightmare may be far from over
“After a nail-biting week with the Dow Jones Industrial Average sinking nearly 1,400 points over two sessions, the jury is still out on whether the selloff signals a fundamental shift in the stock market or a brief episodic correction.
But one thing is certain: Investors should brace for more market drama in the coming days as corporate earnings, rising interest rates and economic data all converge to create an angst-ridden trading backdrop.
Stocks bounced back decisively on Friday with major indexes finishing in positive territory even though they were sharply lower for the week. The fact the market closed on a strong note heading into the weekend negates some of the “technical damage” wrought earlier, according to Jeffrey Saut, chief investment strategist at Raymond James.”
(More at source link in heading).