Market….....
The market is currently living up to its “seasonally weak September,” said Blanke Schein Wealth Management’s chief investment officer Robert Schein. Indeed, the S&P 500 is off 5.2% in September, while the Dow is down 3.2%. The Nasdaq is the laggard of the three, losing nearly 7% this month. Schein expects the volatility to extend into October, before a shift. “Earnings season begins in mid-October and if earnings results are better-than-feared, that just may be the catalyst needed to end this market correction,” he said.