Thoughts on the Market Sell-Off

Stocks just had their worst one-day drop since February.  Here is a link to an LPL Research blog with their thoughts at this time.

Here are the "bullet points" from the blog:

• The S&P 500 Index had one of its least volatile third quarters in history.
• October has historically had above-average volatility and average returns.
• The economy is in excellent shape.
• Stocks tend to do very well after midterm elections.
• Pullbacks are normal.
• Corporate profits remain quite strong.
• Weakness ahead of elections had been quite normal recently.
• Over time, stocks tend to do well as interest rates rise.
• All of our favorite leading indicators point to continued economic growth.
• Despite tough rhetoric from both sides, we see a U.S./China trade deal as very likely. 

We hope you find this information timely and useful.  If you would like to discuss any of this in more detail or review your investment holdings, please let us know.

The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.

Stock investing involves risk including loss of principal.

The S&P 500 Index is a capitalization weighted index of 500 stocks designed to measure performance of the broad domestic economy through changes in the aggregate market value of 500 stocks representing all major industries.