The recent volatility in the markets is further indication that “we’re not out of the woods yet,” according to the Chief Investment Strategist at Schwab, Liz Ann Sonders. She has a long-term bullish outlook on the markets, but believes the current uncertainties of the economy and the world political situation are still exerting an unsettling influence. Doug Short continues to track the markets through the Big Four economic indicators. He notes that the overall movement, though extremely slow, is up. Turning to matters of personal finance, Kiplinger offers six ways to protect yourself from identity theft and financial fraud.
Market’s Not Out Of The Woods Yet– Liz Ann Sonders, Chief Investment Strategist, at Schwab assesses the current market. Since moving into the “pullback” camp in early August, she writes about the market’s mini-correction and says it may not be over. Sentiment and technical conditions have improved as has the economic backdrop. However, until we get past Syria, Fed tapering and the debt ceiling, volatility may remain elevated. http://www.schwab.com/public/schwab/resource_center/expert_insight/todays_market/sonders/sonders_in_a_little_while.html
The Big Four Economic Indicators– Doug Short tracks the big four economic indicators: Industrial Production,, Real Personal Income, Nonfarm Employment, and Real Retail Sales. He concludes that the overall picture of the US economy remains one of very slow recovery from the Great Recession. The average of the Big Four obtained its all-time high in 2007. The rate of post-trough growth has been slower since February of 2012. http://advisorperspectives.com/commentaries/dshort_090613a.php
6 Ways You Invite Hackers To Steal Your Personal Information– Here are six simple steps from Kiplinger that you can take to reduce your risk of becoming a victim of identity theft and financial fraud. http://www.kiplinger.com/article/credit/T048-C011-S001-6-ways-you-invite-hackers-to-steal-your-personal-i.html
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John R. Day, Bill Ennis and Stephanie Davidson.