Market Commentary – August 2018
Year to date, US stocks (S & P 500) are up a little under 7%, Real Estate Investment Trusts are up 1%, while US bonds and international stocks are down .84% and 4.52% respectively. YTD The American economy seems to be holding up well as evidenced by much higher corporate profits and lower unemployment. However, the price of many stocks is still elevated and have gotten ahead of earnings. What is more, there are a number of potential concerns lurking…