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Market Thoughts for October 2016 [Video]

byBrad McMillan, Commonwealth Financial Network
October 3, 2016
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Market Thoughts for October 2016 [Video]

by Brad McMillan, CIO, Commonwealth Financial Network

SeptemberĀ 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.

market thoughts

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Commonwealth Financial Network is the nationā€™s largest privately held independent broker/dealer-RIA. This post originally appeared on Commonwealth Independent Advisor, the firmā€™s corporate blog.

Copyright Ā© Commonwealth Financial Network

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