‘10/4/2024 ‘The landing Strip: 2024 4th Quarter!!!!’
Russell E. Towne | October 4, 2024
Russell E. Towne | 10/4/2024 ‘The Landing Strip: 2024 4th Quarter!!!!’
‘’The Landing Strip: 2024 4th Quarter!!!!’
Surviving October: October’s historic corrections, reports Forbes, 10/2/2024, have left this fall month with this infamous moniker:
The October Effect.
The most notable of the corrections being the Panic of 1907, the Stock Market Crash of 1929, Black Monday in 1987 and the declines related to the 2008 Financial Crisis. The lowering of interest rates and positive jobs reports appear to be abating a repeat of this historical precedence, for the time being.
Let us see if the landing strip for the remaining year, with its potholes, wind shifts and, may I suggest, pilot error, can remain smooth and productive.
Nevertheless,
is your aircraft structured for this landing:
Asset Allocation, Relative Strength, a Barbell Bias,
an influence into the new dynamic trends???
And those Landing Strip Challenges, you ask???
Inflation: Housing, Energy, Food
Crime / The Cities
Wars
The Border
China
Fossil fuels vs Green Energy
The Election
Economic Calendar:
-Jobless Claims and Employment every Thursday and Friday
Halloween
Thanksgiving
And: The guy coming down the chimney-
Christmas
Let’s hope New Years this year is truly….
…. a celebration!!!
So far, so good….
_______________________________________
Remember
“Follow the Investment Trends”
With
Wave and Wind
Only available through
Towne Scherer Private Wealth Management
The opinions expressed in this material do not necessarily reflect the views of LPL Financial and based on the political content of this material are for general information only and are not intended to provide specific advice or recommendations for any individual. The economic forecasts set forth in this material may not develop as predicted. All indices are unmanaged and may not be invested into directly.
Russell E. Towne, LPL Financial Advisor, is a registered representative with and Securities and Advisory Services offered through LPL Financial, a Registered Investment Advisor. Member FINRA/SIPC.
The opinions expressed in this material do not necessarily reflect the views of LPL.