By: Gerald Sparrow President & Founder, Sparrow Capital Management, Inc.
If you’re an investor looking for something to worry about, you never have to go more than a few days on Wall Street.
As you can see from the accompanying chart, 11 economic reports are scheduled for release during 19 trading days in April. Some have already moved the markets. Others likely will in the days ahead. And keep in mind this list doesn’t include any speeches by Federal Reserve officials, rumblings from Washington, or the occasional “shock headline” from a market pundit.
Watching the news cycle isn’t healthy for your portfolio. Some good news here and some bad news there, and you might start to rethink a well-constructed investment strategy. You may find yourself always searching for that “Goldilocks Moment” when investment conditions are just right.
I monitor economic reports to see if any longer-term trends are emerging. I also look to see if the information in one report compliments, or contradicts, another report. According to the World Bank, the United States has a $23 trillion economy, so it’s bound to give mixed signals from time to time.
PHOTO CREDIT: https://www.shutterstock.com/g/Haso
Via SHUTTERSTOCK
DISCLOSURE
Investing involves risk, including the possible loss of principal. Diversification does not ensure a profit nor guarantee against a loss.
This material represents an assessment of the market environment at a specific point in time and is not intended to be a forecast of future events, or a guarantee of future results. This information is not intended to be individual or personalized investment or tax advice and should not be used for trading purposes. Please consult a financial advisor or tax professional for more information regarding your investment and/or tax situation.
