, the recent market action has been halting. The Dow has posted losses in four of the past five weeks, and the volatility that hit the market hard in successive bouts between August and September — as well as not-too-distant memories of the market plunge in fourth-quarter 2018 — are weighing on investors with $1 million or more in a brokerage account.
"The [third quarter] was a volatile quarter, and what's remarkable about early Q4 is we're knocking on the door of equity market records," said Mike Loewengart, vice president of investment strategy at E-Trade. "When I think about where we are in the cycle, coupled with what transpired in Q3, it's not surprising to see investors turning more bearish."
The percentage of millionaires who think the market will end Q4 with a quarterly gain dropped from 56% to 42%. "The economic picture is still not clear. We've seen a slowdown in manufacturing, and that is indicative of slowing growth, but we still see a tight labor market. Coupled with increasing consumer incomes and consumer spending, these economic readings remain at odds," the E-Trade investing executive said.
keep pushing trump out the door and fo real its coming!
Young mother father need to chill Your Worried about the stock market Why don't you worry about our kids losing lil lunches they hav to look few to little bit of change im about the future and peacefully dude I'm a father I learned respect and honesty is key
...yep.
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