RICHMOND, Va. -- The recent market turmoil may have you scratching your head and asking plenty of questions: is China’s slow-down bad for my portfolio? Will the Federal Reserve raise interest rates next month? Does the revised GDP number of 3.7% mean the U.S economy is on track?
The drop in the stock market indexes of more than 10% over the past week or so, before the recent rebound, has given many investors pause. But Sandy Wiggins, from The Actuarial Consulting Group in Midlothian, makes a fascinating point: in most years, including the robust growth of the recent recovery, such a drop is common.
Take a look at what Sandy has to say and look at the charts yourself. It should go a long way to helping you stay the course you’ve set for your investments.