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IPP Investment Commentary - 6th February 2018

Writer: Ian Pryor Ian Pryor
Feb 9, 20181 min read

Markets are back up after a tumultuous few days. Good times again and correction over?


The Dow fell 1,175 points or 4.6 percent last night, the most since 2011, bringing the drop from peak to 8.5 percent. The sell-off on Monday extended the decline of last Friday’s market rout and the Dow Jones closed at 24,345.75 points. Ironically, the sell-off of the market was sparked by positive jobs report on Friday and that should have drove the stock market higher. What happened?





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Ian Pryor is a Representative of IPP Financial Advisers Pte Ltd. The views expressed here are solely those of the author in his private capacity and are not associated to the author’s employer, organisation, committee, or other groups or individual. These are his personal investments and nothing to do with IPP Financial Advisers Pte Ltd, with whom he is an Appointed Representative.  Nothing here should be considered investment advice. Investments can go up and down and past performance is not an indication of future performance. Nothing on this website should be considered financial advice of any kind. Please consult your professional adviser before making any investment decision. 

 

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