Here are your daily headlines for the next 6 months or so:
When stocks go down:
Stocks fall as recession fears rise
When stocks go up:
Stocks rise as investors weigh the possibility of a soft landing
Fascinating thing about this article isn't fee-only points - clients want fiduciaries, fee-only advisors earn higher planning fees, etc. - but that it was penned by a B/D (@CommonwealthFN). Times are a changin'!
"Going fee-only can be catalyst for growth" https://t.co/7r5jEvh0nY
Confidence fell in August due to pandemic concerns, higher inflation, and a slow economic recovery, writes Commonwealth CIO @BradMcMillanCFA: https://t.co/39WbMwgjb6
September was a bad month for the markets, with all three major indices down. Check out this month’s Market Thoughts video by Commonwealth CIO @BradMcMillanCFA to learn more: https://t.co/xJKeka0TSo
Rising housing costs and a return to normal economic conditions are expected to support new home construction, writes Commonwealth CIO @BradMcMillanCFA: https://t.co/mxln7Ocqtl
Retail sales increased last month, largely driven by a surge in grocery and online shopping, writes Commonwealth CIO @BradMcMillanCFA: https://t.co/S8tXfYkZoE
We may see inflation run hot for at least the rest of the year and quite possibly into 2022. But those high numbers won’t persist, according to Commonwealth CIO @BradMcMillanCFA: https://t.co/ig3XcVmGJC
"Attitude is a choice. Happiness is a choice. Optimism is a choice. Kindness is a choice. Giving is a choice. Respect is a choice. Whatever choice you make makes you. Choose wisely." - Roy T. Bennett