On April 1st, the S&P 500 Index® was successfully retesting its February 11th low of 2,532 and began its recovery process. Although trade talks slowed the rebound, investors discounted the potential threat to the world economy. US markets traded higher, and in mid-June were within just 2.8% of retaking the January highs.
Rising Interest Rates & Trade Threats Bring Long-Anticipated Correction
Following a stellar 2017, investors saw plenty of reasons to extend the two-year rally: business confidence, earnings growth expectations, consumer sentiment, labor demand and synchronized global growth all registered their highest readings in many years. US equity markets, buoyed by o
Stock market drops are never pleasant and downright unsettling for retirees. Keeping emotions in check is almost impossible when your lifetime income is dependent on finite assets. The investing media doesn’t help with inflammatory comments - designed to incite viewers and keep them glued to the TV.
Uncertainty Is Driven by Wholesale Advice