Third Quarter 2016 Market Commentary
Date: October 28, 2016 QUARTER IN BRIEF The economy seemed to hit a soft patch this summer, but stocks carried forward with the S&P 500 advancing for the fourth straight quarter in Q3, rising 3.31%. In spite of two major banking scandals, multiple terror attacks and an especially contentious presidential race, markets were noticeably calm for much of the quarter. For the year, the markets have produced decent returns in spite of these distractions. The Federal Reserve emerged from its September meeting with strong signals for a rate hike before the end of the year. DOMESTIC ECONOMIC HEALTH Among the economic
October 28, 2016
