Bob’s Commentary October 2011 :: Wamhoff Financial & Accounting


Bob’s Commentary October 2011

Another month that the market is down.  This now makes 3 in a row.  I believe that the fourth quarter earnings starting this week will be favorable and cause the market to go up this month.  The consumer is scared and is not spending, but companies have a lot of cash and continue to be profitable.  Interest rates will not be increased for at least a year and a half, so the climate is favorable.  We need to stay the course, and this too shall pass.

Enjoy the lovely Fall weather, because soon it will be Winter.

 

Stay Healthy, Wealthy and Wise and Stay Tuned,

Bob Wamhoff