Our quote of the week: “He who asks a question may be a fool for five minutes, but he who never asks a question remains a fool forever.” ~Tom J. Connelly
LPL Financial’s Current Conditions Index update came out today. I happen to agree with it. My summary is below and feel free to contact me if you want the entire text.
Over the past week, the LPL Financial Current Conditions Index (CCI) remained little changed at 222. The path of the CCI remains consistent with continued, though sluggish, economic growth in the United States.
In the latest week, the index was positively impacted by a rebound in mortgage applications as rates fell, and negatively impacted by a rise in the VIX as volatility picked up.
(Emotions impact markets sometimes, they shouldn’t.)
The CCI is a weekly measure of the conditions that underpin our outlook for the markets and economy. It provides real-time insight into the trends that shape our recommended actions to manage portfolios and has proven to be a useful investment decision-making tool.
It isn’t intended to predict the future; it’s a measurement of where we are now.
Market volatility brings opportunity to adjust your portfolio to better reflect the times at hand.
Investors are fortunate as they can be nimble.
Proactive management means studying current conditions and adjusting once a better or clearer path can be seen. Until then, stay on course.
I’m here for you,
Susan R. Linkous
Cell, if needed – 480-720-5877
Securities offered through LPL Financial
Member FINRA and SIPC
The opinions voiced in this material are for general information only and are not intended to provide specific investment advice. Please consult your advisor before investing.