It appears as though the correction we've been anticipating and talked about for the last couple of quarters is now upon us. Since July there has been quiet erosion in the equities markets, becoming what many have called a 'landslide' or 'free fall'. As of Friday, the S&P was down 7. 7% and the Dow down 10. 3%. Although, we understand stock market declines are emotional and anxious periods of time we would like to remind you, this was expected. The market has gone 46 months without a correction which is substantially over the 18 month norm We urge you to not succumb to downside and sell, we have spent much time positioning your portfolio to mitigate the downside risk as much as possible based on your risk tolerance.We DEFINITELY don't think this is a prelude to another 2008-style market decline. Leading indicators are still positive and lower oil prices and interest rates should help stabilize growth. One key takeaway is that the downturn and the selling in the last 4+ days has res...
