Stock market pullbacks never feel good but Monday wasn’t even in the top 20 worst one day % drops.

 

The Dow dropped 1500 points making it the largest intraday point drop in history. Interestingly enough this huge point drop doesn’t even come close to breaking daily pullbacks when recorded in percentages and is not even considered a correction by market standards. Today I discuss the recent pull back and how we view the markets. Other topics include:

• The Federal Reserve and interest rates
• Rebalancing vs. timing the market
• Cryptocurrency
• Tax law changes that will affect you and your paycheck

 

 

Please join Rob Black, Michelle Lerman and I for our Retirement Income Strategies and Estate Planning Seminar. This event will be held at the Crown Plaza Hotel in Foster City at 6:30 p.m. and registration is $25. Click HERE to sign up!

 

Email your money question to [e-mail] , or call the show at 1-800-516-1220 on Tuesday's and Wednesday's from 6:00-7:00 a.m. (PDT)

 

Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.NewFocusFinancial.com.