You Say Tomato, I Say Tomato

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

We finally saw our first “correction” in over four years. Our Chief Strategist, Mike Sorrentino, wrote a fantastic article that sums up this crazy week in the market. Ultimately the cause of the correction came from China, commodities, and the Fed. As Mike mentioned last week, the volatility the past two weeks is being driven by fear and panic and completely ignoring fundamentals. As long-term investors, we take advantage of these situations and turn them in buying opportunities. We urge everyone to read the article because Mike provides some great insight on the market at the moment.

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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.