The recent gyrations of the stock market have been described as a “speculative binge”.  In fact, the founder of Vanguard says he’s seen nothing like it in his 60 years in the business. CNBC covers the story. While investors are wondering what the wide fluctuations mean, the investment team at Charles Schwab offers analysis and finds a silver lining in the upheaval. The underlying concern of many is that that the slowdown in China and emerging markets may signal the start of a global recession.  Russ Koesterich of Blackrock takes an alternative view. He outlines four reasons why he thinks investors must be careful not to overreact.

How To Handle The Market’s Wild Ride–  The stock market’s wild ride over the past week has been “the biggest exercise in sheer unadulterated speculation” Jack Bogle, founder of Vanguard, has ever seen in his more than 60 years in the business. His advice to investors—don’t do anything right now.  Read more…

Perspective On Recent Market Volatility–  Global markets may have swung wildly in recent days, but the investment team at Charles Schwab thinks the recent selloff in stocks and commodities is not a sign of imminent global recession. However, it may prompt the Federal Reserve (Fed) to postpone raising U.S. interest rates for a while longer. In the meantime, the basics of successful investing remain the same: Sticking to your long-term investment plan and maintaining a well-diversified portfolio should help you weather the market storm. Read more…

Is A Recession Coming?– The last few days have reminded everyone how quickly markets can turn. There was no single catalyst for the recent selloff, but an underlying investor concern is whether the slowdown in China and other emerging markets will drag the United States into a recession.  Russ Koesterich, Chief Investment Officer at Blackrock,  believes this fear is overblown. Read more…

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John R. Day, Bill Ennis, Stephanie Davidson and Matt Heller

Disclosure – The articles mentioned in Mid Week with Day & Ennis are for information and educational purposes only. They represent a sample of the numerous articles that the firm reads each week to stay current on financial and economic topics. The articles are linked to websites separate from the Day & Ennis website. The opinions expressed in these articles are the opinions of the author and not Day & Ennis. This is not an offer to buy or sell any security. Day & Ennis is under no obligation to update any of the information in these articles. We cannot attest to the accuracy of the data in the articles.