Truth be told, like many of you, we had hoped that the stock market momentum would continue through the Labor Day weekend. However, the Nasdaq and the broad-market S&P 500 began to show signs of weakness a few days before the unofficial end of summer. We’ve seen these patterns before, and yet these rapid changes can still be a bit unnerving, so we thought you’d like to see 10 things investors should know from Raymond James Chief Investment Officer Larry Adam.
Among his insights? The market still posted the best return for a summer (Labor Day to Memorial Day) since 2009.
We tell you this because it’s important to remember that the markets are generally forward-looking and will start to rebound long before economic data confirms it. As your advisor, we’re here to provide you not only with insight, but with advice on how to manage the effects and, more important, the opportunities the markets’ movements bring.
Thank you for your continued trust in us.
Your Gratz Park Private Wealth Team