AUTHOR: TOWNE SCHERER.COM 9/12/2016: Towne Scherer Private Wealth Management BLOG:
The terrorist threat facing the U.S and its European allies is bigger than at any point since the September 11, 2001 attack, according to The Washinton Times 9/7/2016. In another words, it’s time for the annual buckling of your seat belt event.
North Korea Goes Boom!!!
Stocks across the world fell the greatest since June on German trade numbers and concern after North Korea executed its fifth and most powerful nuclear test, reports Reuters 9/9/2016. Further, German exports fell in July, reducing the overall trade surplus for the fourth consecutive month, which hasn’t been seen since 1992.
Interest Rates
Goldman Sachs, 9/6/2016, says interest rate increases are imminent. Sachs believes that Janet Yellen and the Fed will make a move after their two-day meeting that ends on September 21st. However, traders believe that the probability of an increase is at only 18%. A difference of opinion. Big surprise.
The Presidential Race
Nine weeks out, the presidential race is a near tie, says CNN 9/7/2016. They have Trump at 45% and Clinton at 43%. Looks like it’s coming down to emails, the Clinton foundation and debates. And, that’s what makes a horse race, some would say.
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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.