Equities reached record breaking levels on multiple occasions for both the S&P 500 and the Dow Jones Industrial Average in the third quarter. The climb to these new highs was accompanied with some modest corrections. In August, the market experienced a three percent pullback from the July high and September […]
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When the economy was in deep trouble in 2008 the Federal Reserve Bank acted quickly to increase liquidity in the financial markets. Their objectives were twofold: Lower interest rates in order to stimulate the economy (recall the deep recession we were in) Prevent the financial system from freezing up (recall […]
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In August, the S&P 500 topped 2,000, the NASDAQ hit a 14-year high, the Dow Jones Industrial Average crossed 17,000 and interest rates remain low so the question everyone is asking: Where do we go from here? The three to seven year answer is likely higher stock prices and marginally […]
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