The last time U.S. debt was downgraded the S&P 500 fell by 15% but recovered within months. We have been highlighting that equity markets are overbought and could pullback 5%-10%. There is good support in the 4300-4100 area but a move to the 4000 can’t be ruled out. We believe this is the correction that investors on the sidelines have been waiting for.

View Article
Legal Stuff

The information contained herein is intended to be used for educational purposes only and is not exhaustive. Diversification and/or any strategy that may be discussed does not guarantee against investment losses but are intended to help manage risk and return. If applicable, historical discussions and/or opinions are not predictive of future events. The content is presented in good faith and has been drawn from sources believed to be reliable. The content is not intended to be legal, tax or financial advice. Please consult a legal, tax or financial professional for information specific to your individual situation. Material provided by Concenture Wealth Management.