As a result of the recent market turbulence in the U.S. and global stock markets, rumors of a possible recession, political rhetoric and the 24/7 media machine going into frenzy mode, we thought it best to address the most common questions we have been asked over the last two weeks. FREQUENTLY ASKED QUESTIONS: Q: Is this a repeat of the 2008 stock market problems? A: No, that’s extremely unlikely. There are few bubbles of concern today that rise to only a fraction of the housing bubble that began to unwind in 2008. The U.S. economy is solid - but not spectacular. The 8% decline in the S&P 500 so far this year has been cushioned in our … [Read more...]
The Stock Market Correction of 2015
Keys to Surviving Market Turbulence Investors were in sell mode ahead of the weekend, and again on Monday, as the major US stock markets sold off substantial amounts and officially entered the technical definition of a market correction (which means dropping 10% from the stock market's previous high water mark). This was the first stock market correction in just over 1,450 trading days, and most of the investment community felt it was long overdue. What caused the recent sell off? Mostly, the reason has been continued poor domestic economic data around lower oil and other commodity prices, and the news that China's economy is most likely slowing faster than the Chinese government would … [Read more...]
Charles Schwab