October was a tough month for the markets. They started out strong but rolled over on rising medical risks. Fortunately, the impact was cushioned by better economic news.
Layoffs dropped, and consumer confidence held at higher levels. As a result, spending held up better than expected, and the housing market has boomed. Business confidence and investment have also been healthy.
But with the election just around the corner, could we face more risks ahead? Stay tuned to my latest Market Thoughts video to find out.