The Markets


Was it a stutter step or have markets lost their balance? 

Anybody who knows football can tell you a lot goes into every play. Strategy, practice, game review, and preparation all affect outcomes, as do decisions and execution during games. Many, many factors influence gains and losses on the field. Similarly, numerous issues affect the performance of stock and bond markets – a fact that became abundantly clear when pundits tried to explain last week’s market downturn.

Here are a few of the things which may have helped put investors on the defensive last week: 

 So, is this a correction? Or, has the bull market concluded its run?  Nobody knows for sure.