A Note from the Team
U.S. and foreign stocks of most types had another good month in April. The returns many market indexes have garnered over the last 12 months are truly stunning and rank among the best in quite some time. Historically, when earnings rise, so do stock prices and we continue to get great earnings reports. However, we must remember that it has been a very long time since the last 10+ percent correction. We have entered the historical slow period for the stock market. Historically, May 1 – Oct. 31 has been a period of “sloppy” stock market action.
More next month…
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