Sunday, October 3, 2010

Stocks: Bracing for a rocky October

Surprisingly enough, stocks closed out last week at the best they have in over 7o years for the month of September. Optimism should be slow to ensue however because such results are not expected to continue. Yet an upward trend in the stocks is likely--just at a slower pace. The 8-point rise can be attributed to economic readings that exceeded expectations; readings that aren't where we would like but are much better than they have been. This article rose an interesting point about the upcoming midterm elections: what will the new members do with policies and regulations? This question is just one of many keeping overall expectations for further improvement relatively low for now.

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