While I Was Away…

Posted in: Economics, General, Stock Market, Thought of the Week

This week’s Thought of the week was written by our Chief Strategist, Mike Sorrentino. Some of the biggest losers in the past few weeks have been in the biotech sector. This selloff occurred after Hillary Clinton posted her concerns on drug pricing via Twitter. This is the perfect example of how emotions rule short-term movement in equity prices. Mike reminds us that we are long-term fundamental investors and to not get concerned when emotions are high in the market. In fact, these are the buying opportunities that we are looking for. Please take a moment to read the article by Mike to learn more about the biotech sector.

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As an Investment Advisory Representative working in conjunction with Global Financial Private Capital (GFPC) we are provided weekly thoughts on what is happening in the economy and the market. Written by our investment committee at GFPC we find these thoughts to be informative and interesting.