November 2018 PastCast
Mostly Cloudy With a Glimmer of Sunshine
While the market remained bumpy at times, US stocks ended the month up slightly from where they ended October (down almost double digits). While the sun began to peak through the clouds slightly last month in the US, overseas markets continued to lag behind. Globally, stocks remain in the negative for the most part, with US stocks coming in slightly positive… but nowhere near the returns investors were bragging about at the dinner table last Thanksgiving.
Holiday shopping season is upon us, but as you’re planning to check gifts off your list this year, remember that the stock market tends to have several big sales every year too. While October wasn’t fun and November wasn’t great either, there are still great opportunities out there.
It can’t rain forever.
Market corrections can seem ominous, but remember, the occasional rain shower is necessary for your flower to grow. Also, this cloud isn’t lingering on your flower only! Most of the world is living with the same weather pattern. So put on those rain boots and make the best of these gloomier stock market days. Read more about how we’re approaching unpredictable markets here.