Market Update : January 2016
This market update is intended for our valued clients to address domestic and global financial events and we encourage you to refer us to a family member or friend who may benefit from a conversation with us.
As you have no doubt heard from the financial press and media, we’re off to the worst beginning of a year in equities in stock market history. Putting that in perspective, at the time of this writing, January 12, 2016 the Dow Jones Industrial Average is hovering around 16,500, roughly the same levels we saw in August 2015. Not so bad really when put into the proper perspective. We’ve retrenched to a level where we’ve been fairly recently.
