West Loop Financial LLCA Surprising Spin on a Bad January – West Loop Financial LLC https://www.westloopfinancial.com Evolutionize Site Wed, 19 Aug 2020 20:50:49 +0000 en-US hourly 1 https://wordpress.org/?v=5.1.22 A Surprising Spin on a Bad January https://www.westloopfinancial.com/2014/03/12/a-surprising-spin-on-a-bad-january/ https://www.westloopfinancial.com/2014/03/12/a-surprising-spin-on-a-bad-january/#respond Wed, 12 Mar 2014 15:17:39 +0000 http://evolvemypractice.com/?p=691 There was much hand-wringing about the poor stock market returns in January. The financial media engaged in its usual frenzy of speculation about whether these results meant we were in for a “correction” or worse. Typical of the financial babble about the “significance” of January returns is this silly observation by Matt King, chief investment officer at...

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]]> There was much hand-wringing about the poor stock market returns in January. The financial media engaged in its usual frenzy of speculation about whether these results meant we were in for a “correction” or worse.

Typical of the financial babble about the “significance” of January returns is this silly observation by Matt King, chief investment officer at Bell Investment Advisors: “Frankly, we’ve been telling clients to expect a 5 percent to 10 percent decline. We didn’t think it would happen so early in the year, but it’s been such a good run for markets that a meaningful correction is normal and healthy.”

Read the rest of the article at the Huffington Post. 

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