Trying to ascertain the direction of the current economy and the stock market is not an easily ascertainable thing. And, yes, I’ve purposely used “ascertain” twice in the previous sentence to help make the point that even the experts are puzzled by the conflagration of stats that are coming out. Sometimes, history can help us. Other times, numbers are pointing to the fact that the S&P 500 is now down 10% this year and is a relatively significant amount historically. While its average decline is 13.8%, the number of times the market has declined 10% or more since 1928 has only occurred 33 times. On today’s show, there’s lots to talk about with the stats, and Heidi will be discussing the article on Social Security by Heather Schreiber titled “5 Golden Nuggets: Warnings and Winning Moves.” Speaking of uncertainty, Social Security is in the spotlight, and we think it is a good time to discuss it in more detail. We’ll highlight information and answer your questions as they arise.
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