XML Financial Group Blog

Stocks still have a fundamental problem

Written by XML Financial Group | Sep 2, 2024 4:00:00 AM

Chief Investment Office, Rob Kantor, contributed to a recent Wealth of Geeks article regarding the stock market’s recent choppy waters. “To reach new highs, you must pass through old highs. The market takes the stairs up but will take the elevator down, and we are in the mode right now where we can easily have a 5% correction in a few days.” Rob said. He also mentions a potential market shift towards value. “Value is still lagging behind the year-to-date-performance but has narrowed the gap recently.” Its important to remember that despite market shifts and uncertainty staying the course and looking at the long-term is the best course of action. Read the full article here.