Historically, April has proven to be a down month, so the 5% correction the market experienced during the month is not out of line. (We typically see 5% corrections three times a year.) But following the April rains (and occasional downpours), we can expect stocks to rally in May – and in fact, there’s been an early start as markets have thus far rallied. Why? There are three keys to the market blossoming right now: the Federal Reserve has taken the possibility of hiking interest rates this year off the table completely; fears about inflation are clearly ebbing; and corporate earnings continue to roll in significantly above expectations.
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Robert G. Gilliland, CRPC®Managing Director and Senior Wealth Advisor
Robert’s career has been a blend of high personal performance and team building. He earned a Bachelor’s degree in Finance from Stephen F. Austin State University. To pay for his schooling, he ran a franchise of restaurants, gaining experience in managing time, people and money that would serve him well in his later endeavors. After […]
Learn more about RobertLegal StuffThe 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.
