© 2021 WOSU Public Media
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations
WVXU Stories

What Does A Bad January On Wall Street Mean For Your Personal Finances?

January was a disappointment for stock investors, will 2016 continue to be a bear market?
January was a disappointment for stock investors, will 2016 continue to be a bear market?
January was a disappointment for stock investors, will 2016 continue to be a bear market?
Credit pixabay.com
/
January was a disappointment for stock investors, will 2016 continue to be a bear market?

Many investors received an unpleasant surprise when they read their January IRA or 401k account statements. The month was one of the worst starts to a new year in recent history for the stock market, with the Dow Jones Industrial Average losing 5.5 percent and the NASDAQ suffering an almost 8 percent drop.

Here to discuss the current market climate and whether the Wall Street adage, “"As goes January, so goes the year",” will hold true in 2016 are Foster & Motley Shareholder and Financial Planner Lucas Hall, and Chris DeSimio, a financial advisor with Wells Fargo Advisors in Cincinnati.

Listeners are reminded that the information provided on today's show is general in nature and may not apply to their personal investment situations. 

Copyright 2021 91.7 WVXU. To see more, visit 91.7 WVXU.