September Monthly Market Update

The monthly gains in September appeared to have all but disappeared today! October should certainly be fun! #RECESSION FOMC is the Federal Open Market Committee (aka the Fed) or the group that sets interest rates in the US. Here is a comment from John Authors of Bloomberg: "The history of the early post-crisis years, which saw the Fed perpetually expecting to start tightening and the market perpetually betting it would not, suggests that the market will eventually be proved right. That’s an uncomfortable thought, as it almost certainly means a recession next year. If the Fed is right, assets in many markets will soon be shown to be wildly overpriced. Either way, reconciling the differences


500-234 Eglinton Avenue East, Toronto, M4P 1K5
47 Coral Crescent, Richmond Hill, L4E 4B6

©2018 by james hargan toronto. Proudly created with