We tend to see weaker markets in September and October, and this year is no exception. We’re also noticing some worries in the market because of the independence referendum in Scotland and the United Kingdom, the upcoming Federal Reserve meetings, and the global weakness and lower commodities pricing. However, the U.S. dollar is strong at this point and that is good news for us.
REITs, Energy, Commodities, Gold, Silver, Oil and International markets were all starting to correct last week. We are watching for some buying opportunities coming up in these areas, and particularly in the emerging markets, which you all know that we’ve been watching closely recently. There are global slowdown worries out there and we think that the Federal Reserve meetings and the Scottish referendum vote will both have big impacts on the market this week.
If you have questions about what’s going on in the world today and how it affects your portfolio, please call our offices at 800-391-1118 and we’d be happy to set up a complimentary consultation with you to discuss your investing plan.
