Market Update
Range Bound Not much has changed since last week. The market is stuck in a range between support and resistance. The next market moving event will take place Thursday when the Fed announces it rate decision.
I still feel the odds are high that stocks will fall in the coming weeks.
Client Update
Currently, we have most client accounts invested primarily in money market funds. Money market funds are safe investments that do not fluctuate in price and are a good place to park our money while we wait for stock and bond market conditions to improve.