fortress investing  

Market Commentary

      Archives:   Jan    2017    2016    2015    2014    2013    2012    2011    2010    2009    2008    2007    2006    2005  
Thu, 24 January 2019
Rollercoaster Markets in 2018
Like a rollercoaster, the markets started 2018 with a strong climb in January only to fall back quickly in February. The spring and summer were better months for stocks, climbing gradually to record highs in late summer. However, as the calendar turned to October, the market began to decline, leading up to the worst December since 1931 and the worst quarter for stocks since the financial crisis of 2008. As we head into the New Year, the federal government shutdown, trade disputes and interest rate policy all provide a level of uncertainty that we must pay attention to. 
Fortress continues to monitor markets for evidence that volatility is subsiding and risk diminishing. Until then, your account is positioned in a conservative manner, with the majority of the account in the safety of money market funds and / or US government bond funds. We have confidence in these holdings and look for the next opportunity to take advantage of positive trends that develop in the markets.
Posted: 8:08 CST

Ask a Question
 
independent financial advice
Fortress Investment Services, Ltd.
John A. Urbanski
18828 Nature Lane
Eden Prairie, MN   55346
(952)949-0744