The market experienced heavy losses in October. Last month I listed numerous risks that were latent at the time. This month they came together suddenly, led by international trade issues and rising interest rates. Even the beginning of a strong third quarter earnings season could not arrest the declines, as investors instead focused on the slowdown in earnings growth that lies ahead. With valuations lower, interest rates still conducive for good equity returns, and some of the froth now eliminated, my outlook has shifted back to mixed. I remain concerned, howe
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Sticky Posts
- Kim Smith in Financial Fitness & Life Planning March 11, 2010 - 2:26am
- Bud Levy in Financial Fitness & Life Planning February 18, 2010 - 9:53pm
- Next Steps Team in Financial Fitness & Life Planning February 20, 2010 - 7:09pm