1980s S&L Crisis

Weekly Update

Gloomy Halloween Market


Published October 27, 2023

Stock markets have become quite gloomy over the past couple of weeks. The sharp rise in interest rates has combined with a general spate of negative headlines to keep investors cautious. Since it’s October we are hearing more about the possibility of a market “crash”. The article below from the Wall Street Journal highlights some of the historical instances when financial markets came briefly unhinged. A positive spin on recent market developments: there is certainly a solid wall of worry for stocks to climb should something arise to shift the market tone. (more…)