October 2021 Investment Outlook standard
October 11th, 2021 Dear Clients/Prospective Clients/Partners: The markets finished with a whimper in September, down 3-4% depending on the index. The hot streak couldn’t last forever, and the big tech companies have started to take a beating. It’s well overdue though, as they have led the way in growth for many quarters now. We will see if earnings have hit their climax and are stretched or if the September swoon turns into something greater. Time will tell but it was an interesting and volatile month. Our economy continues to struggle with rising inflation. Have you been to the grocery store or a Target lately? Wow! Prices are going up quickly with no end in sight. Supply chain issues on just about anything you purchase. Have you seen the cargo ...
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