Weekly Market Wrap – August 30, 2015

Aug 31, 2015

August 30, 2015 Weekly Wrap

Market Update

Stocks have fallen dramatically over the past couple of weeks. The bounce we saw in stocks last week was simply due to the market being extremely oversold. Now that stocks are neither oversold nor overbought we shall see if they can establish an uptrend. I believe odds favor more downside risk.

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.

 

Subscribe To Our Newsletter

Join our mailing list to receive the latest news and updates from our team.

You have Successfully Subscribed!

Subscribe To Our Cryptocurrency Newsletter

Join our Cryptocurrency mailing list to receive the latest news and updates from our team.

You have Successfully Subscribed!