Driven by several factors including a decline in the China stock market, the price of crude oil, negative interest rates in Japan, concern about slowing global economies and a strong U.S. dollar, global equities are off to their worst start in years. While this may seem like new territory, challenges have existed in the stock market from its beginning. The question of a stock market correction has never been one of “if”, but “when” it would occur. One of the things that is most certain in the world of investing is that it can be very uncertain at times. This can get even more magnified in the short term. Understanding this provides perspective.
Over the past few weeks, consumers of worldwide media have been bombarded with alarming news from the financial markets in Greece, China and Puerto Rico. If those stories weren’t enough to promote a feeling of uneasiness, the New York Stock Exchange shut down last week for a few hours for what was deemed to be a “technical glitch.”
In light of recent news headlines related to the Anthem cyber-attack, it is important to revisit the critical importance of controlling those things in our financial lives that remain within our control. This includes partnering with companies who have a solid plan for your information security, and understanding the “worst-case scenario” if your personal data is accessed during a cyber attack.
Tracey Yeager Memorial 5K Run/Walk
"The Finish Line is Just the Beginning"
Memorial Day - May 26th Race Time 9:30 AM
To register online for the race, please click here (there are no additional fees to register online) - https://secure.getmeregistered.com/TraceyYeager5K
We are proud to sponsor the 3rdannual Tracey Yeager Memorial 5K Run/Walk (TYM5K). This annual event is held on Memorial Day in scenic Winona Lake Park. This is a family friendly event designed to honor Tracey’s memory while also honoring the brave men and women who died in service to our great nation. 100% of the registration fees and corporate sponsorship dollars for this event go toward the “Tracey’s Trails Fund” at Kosciusko County Community Foundation. This fund is used to aid in the continued development of the bike/walk trails in Kosciusko County.
To access and mail a registration form, click here.
To like us on Facebook, please click here - http://facebook.com/TYM5K
Since 2009, the stock market has moved higher on an almost regular basis. Success like this can make it hard to believe that two short years ago the global economy was being buffeted by the Arab Spring uprising and the potential exit of Greece from the European Union. One outcome of these events was a 10% correction in the S&P 500 index. Having moved from that point in time to now without a major pullback, some would say a market setback is long overdue. Last week, there was news that could potentially be the trigger for a correction. Lower than expected company profits and concerns about slowing worldwide growth caused the Dow to lose 3.5%. The NASDAQ, an index that measures technology and growth companies, was down 1.7% for the week.