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Market Thoughts for August 2016 [Video]

byBrad McMillan, Commonwealth Financial Network
August 2, 2016
1 minute read
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Market Thoughts for August 2016 [Video]

by Brad McMillan Commonwealth Financial Network

Both domestic and international markets had a strong month of July. Improving fundamentals, including job growth and consumer spending, helped boost investor confidence. Still, as I discuss in this month's Market Thoughts video, economic growth in the first half of the year was disappointing, mainly due to lower levels of spending in the business sector.

Can the Fed's more optimistic risk outlook and improvements in service and manufacturing turn things around in the second half? Stay tuned to find out.

market thoughts 

 

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.

Copyright © Commonwealth Financial Network

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Brad McMillan, Commonwealth Financial Network
Brad McMillan is the chief investment officer at Commonwealth Financial Network, the nation’s largest privately held independent broker/dealer-RIA. He is the primary spokesperson for Commonwealth’s investment divisions. This post originally appeared on The Independent Market Observer, a daily blog authored by Brad McMillan.
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