Oct 12, 2018 at 2:28 PM
Market Downturn is Short-Term Noise
The U.S. stock market has declined for six straight days. The S&P 500 dropped 3.3% on Wednesday – its largest single day drop since February 2018. By market close today it had dipped a further 2.06%. Stocks also fell in Canada and in markets across the globe.
The backdrop to this short-term trading is still dominated by deepening U.S.-China tensions and a surge in volatility for stock and bond markets. As long-term investors, we are focused on the objectives of our portfolios and are tuning out the noise.
Read on to understand:
- why market downturns are normal
- how we protect investors’ portfolios
- what to keep in mind through all the noise
If you have questions, we encourage you to speak to your Advisor or speak to one of ours today.