I stumbled up a statistic yesterday that I found interesting, over the last 90-years there has been a 3% stock market correction, on average, every 21 days. Consider that prior to the start of this recent correction the stock market went 300 days without a 3% drop. As I write, the S&P 500 is off its recent highs by about 5%. Although the first thirteen days of the correction were scary (and unfamiliar), it appears as if we’re back to something where volatility looks more normal. Now we wait to see if the stock market breaks up, or breaks down. …
Research & Advice
BMM
Berkshire Business Confidence Index, Issue 5
Spring 2018 Results from the Berkshire Business Confidence Index, sponsored by Berkshire Money Management Download PDF Version The Berkshire Business Confidence Index (BCI), sponsored and analyzed by Berkshire Money Management, indicates that there is a cautious level of optimism among Berkshire County businesses, as well as non-profit organizations that must make business decisions. We mailed out 4,000 surveys countywide, and received responses from the full spectrum of Berkshire industries—non-profits, retail, manufacturing, finance, lodging, real estate. Each brings their own voice to this survey. What we have gleaned from this month’s results: From the last survey (January 2018) to this survey,…