Market Health?

The repeal of the Affordable Care Act (Obamacare) stirred up the markets this week sending stocks into a decline for the first time in over 100 days. The uncertainty around what is going to happen legislatively is making those in the market take pause as if there’s one thing the market doesn’t like–its unknowns. We have important economic indicators that will be released this week including: Consumer Confidence, Pending Home Sales and Jobless Claims. Their performance and what’s happening on Capitol Hill are likely to drive the market’s outcomes over the coming weeks. Buckle-up Buttercup!

Geoffrey Davis – Mortgage Loan Consultant 

NMLS #206192
First United Bank & Trust

D: 214-529-9622

F: 855-239-6079
6401 S. Custer Rd.

McKinney, TX 75070          

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: