Market Thoughts for June 2016 [Video]
by Brad McMillan, CIO, Commonwealth Financial Network
Market Thoughts for June 2016 from Commonwealth Financial Network on Vimeo.
After an early pullback, improving economic news helped fuel a rally in U.S. indices at the end of May. While manufacturing remains a concern, improvements in consumer spending and housing have boosted confidence, prompting the Fed to suggest that the economy has normalized. Internationally, political risks continue to be a factor. And any bad news could well rattle the markets. What can we expect moving forward?
I discuss expectations in my latest Market Thoughts video. And while only time will tell what the coming weeks and months will bring, I think spring has arrived.
Commonwealth Financial Network is the nation’s largest privately held independent broker/dealer-RIA. This post originally appeared on Commonwealth Independent Advisor, the firm’s corporate blog.
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