Lawns and the Market
The US stock market remains stable with limited downside risk. It doesn’t mean that we are in a bull mode with all of the indexes rising. In fact, before today the Dow was down for the year and the S&P was only up 1.4%. Overall, the markets are digesting the gains from the last two years. This digestion period could last for many months.
Some areas of the market are standing out, however. The NASDAQ is up 8% in 2018 and the Russell 2000 is at new highs, up 6%.
Plenty of strength exists in exclusive areas of the market and this gives investors the green light to invest.
Despite widespread concerns about economic factors, this is a promising environment for investor accounts to grow.
Our state happens to be the best producer of grass seed in the country. This article is a fascinating account of our land usage.
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