Global stock markets can't seem to catch a break. After six straight down days, the markets rallied last Thursday, only to give back their gains with a sharp drop on Friday.
With the market down a whopping six weeks in a row, this is the longest negative stretch for the Dow Jones Industrials since 2002 and for the S&P 500 since 2008. The NASDAQ is now negative for the year, while the S&P hangs on to a slim gain of 1.1% year to date.
Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
financial journalist, and money manager. As well as a book author and regular contributor to
numerous investment websites, Jim is the editor of:
Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.
Hilary Kramer is an investment analyst and portfolio manager with 30 years of experience on Wall Street. Since 2010, Hilary's financial publications have provided stock analysis and investment advice to her subscribers: