Monthly Economic Update

The Federal Reserve left interest rates alone in September, but that did little to calm investors. Growth worries took the market south again – the S&P 500 lost 2.64% for the month as more disappointing economic news filtered out of China. Perceptions of reduced demand for crude oil and other raw materials led to monthly losses in the commodities sector. America’s economic indicators looked good by comparison, but encouraging consumer spending and consumer confidence numbers failed to distract Wall Street during a gloomy end of summer for equities…


NO SURPRISE: HOUSEHOLD SENTIMENT WANES The initial September edition of the University of Michigan’s consumer sentiment index came in last week at 85.7 – its lowest reading in a year, significantly below its final August mark of 91.9. Given the recent stock market retreat and ongoing headlines about China’s economic slowdown, the closely watched indicator seemed primed ...

Growth Of The Dow Vs Historical Averages


ince 2009, the US stock market has been rising due to a Fed created, low interest rate environment.

However, the economy has not seen the same growth as the stock market.

This has many investors wondering if the current stock market rise will end due to “non impressive” economic growth — or if the market will continue to rise as the Fed may be forced to continue its economic stimulus plans.

To put the current stock market rise in historical perspective…