Market Thoughts for October 2016 [Video]
by Brad McMillan, CIO, Commonwealth Financial Network
September was a volatile month, with markets dropping only to bounce back at month-end. Large companies in the S&P 500 were down slightly, while smaller companies and those outside of the U.S. did well. Plus, as I discuss in this month's Market Thoughts video, there was a larger-than-expected pullback in the service sector, yet consumer confidence reached a nine-year high.
Given such mixed news, should we be concerned about where the economy is going? Stay tuned to find out.
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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