Market Update 11-2-15

November 6, 2015

 

The stock market was in a pull back phase in August and September.

October brought a VERY nice rebound of 9%!  This was the largest single monthly gain in 4 years.

Our October statement will reflect the nice gains in our portfolio.

Going forward… Low petroleum prices, increased employment, historically low interest rates and a strengthening economy leads us to anticipate new market highs within 6 months. 

In addition, the forth quarter is my favorite as it pays out larger than normal dividends and year-end distributions, just in time for Christmas ;-).

 

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