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Today, November 11, 2024, we honor millions of American men and women who have served our country valiantly in times of war and times of peace.
September has the reputation of being the worst stock market month of the year, however, the market held up better than usual this year. Major indexes notched new all-time highs.
After a sharp decline in early trading days, August finished strong.
July ended on a high note only to give gains back in the next three trading days. Analysts scrambled to explain the sharp turn around. Rather than one catalyst it is likely a combination of data and events.
As we celebrate the birth of our country today, let us remember those who pledged their lives, their fortunes, and their sacred honor, as well as all those who fight to defend our freedoms every day. It is a day of celebration!
Investors need to plan on continued inflation and high interest rates in the foreseeable future.