To learn what’s going on in today’s world with the economy and financial markets, in plain English, and too see where stocks and bonds are headed be sure to watch this brief video update. Hi, there. I just want to give you a brief market economic update, what's going on in the world. Today, we've got quite a selloff in the markets. No one seems to be panicking. I'm sure you're not either. Everything is well under control, but we are in that sort of pre-earnings nap period I write about in the newsletters quite a bit. That's the week or two before earnings come out when, well, there's no attention being paid to anything but what's in the headlines. And we know there's nothing good, or fun, or exciting on the good side of the headlines. So, people are focusing on that. When earnings comes out in a couple of weeks, I think we'll see earnings surprise us on the upside. Naturally, a week or two before earnings come out, historically, people start to get nervous that earnings won't be as good. They start to focus again on the headlines and, you know, what's going on in Iraq, the bombings, and such. And, so, it looks negative. Once attention gets focused again on the positives, on the economy which is fairly strong, better than what people expect, then inflation, there really isn't any; that interest rates, they're going to stay low for quite some time. I can't imagine that they're going to raise them with the inflation rate around 1.4%, 1.6%. In fact, there's more of a risk of deflation, which the fed would fare. And earnings will probably be better than expected. So, the next week or two could be, well, a little bit tough in the economy, a little bit tough in the markets. I do think the fourth quarter's going to be fairly strong. Again, this isn't time to throw caution to the wind. Our portfolios are built to get the best returns we can for you, but with the least risk possible. It's always just to get what you need to beat inflation, to beat taxes, and a little bit more so you can retire comfortably. Never out there risking everything so, if the market gets crushed, hammered, collapses, that you end up taking it on the chin more than you can possibly afford to or want to. So, always looking to invest for need, not for greed. Of course, it all starts with the right plan, making sure everything works together, optimizing social security. You know, there are 1,379 different options to choose for social security. You got to get it right so you can get every nickel out of them, creating that retirement income stream, and the retirement income plan, getting the proper tax strategies in place in retirement. It all has to work together. So, again, keep in mind that the markets are going to be fluctuating a little more through the next couple of weeks. I do think they'll get a little stronger in the fourth quarter. And maybe that correction or bear market that we've been talking about, maybe if the fed starts raising rates next year in the first or second quarter, that might be the catalyst for that pullback and we hope to be ready. And we want to keep you abreast and keep you ready as well. So, thank you very much for listening.

• published: 26 Sep 2014
• views: 96