The unpleasantness of October is over with stock markets achieving new highs.
I’ve been preparing clients for a correction for some time – corrections are common and frequent and we haven’t had a meaningful stock market decline since 2011! There are all kinds of reasons presented for market corrections and most are due to the collective emotional response to short term events. (Ebola, terrorism, oil price drops, oil price increases etc.) To be honest, I’m a little disappointed this one was over so fast. I was expecting a recovery that took longer something like 3 to 6 months. This linked article gives us a great perspective of things a little more interesting in the economy then recent volatility.
Keep Calm, Carry On
I love this guy – Jason Zweig is a Wall Street Journal columnist and says – “My job is to write the exact same thing 50 to 100 times a year in a way readers will never realize I’m repeating myself.” It’s still worth reading every time.
Jason Zweig – WSJ.com
“It is never too late to pursue the work that speaks to us from inside ourselves. Let’s look at that idea the other way around as well. We are called to recognize our strengths, and it is never too late to hear that call.” –Deborah P. Block & Lee J. Richmond “Soul Work: Finding the Work You Love, Loving the Work You Have”
“You’ll never be happy just amusing yourself…Even in retirement, even when you’re only looking to get off the fast track and ‘smell the roses,’ you should be pushing past what you merely enjoy into what has real meaning to you. When something really matters to you, you must bring it into your life.” -Barbara Sher from “I Could Do Anything If I Only Knew What it Was”
“We are on a new frontier of how to live and work creatively and successfully until the last day we live. We must be pathfinders, leading the way on how to make significant changes in our work life at midlife and beyond.” -Helen Harkness from “Don’t Stop the Career Clock: Rejecting the Myths of Aging for a New Way to Work in the 21st Century”