Market Thoughts for October 2016 [Video]

byBrad McMillan, Commonwealth Financial Network

October 3, 2016

1 minute read

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.

Author

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.