Approaching the Bear, No Santa Claus Rally This Year & A Retirement Readiness Quiz

Jeff and Joe are in the studio this week to share last week’s numbers from Wall Street. The Dow was down 1.7%, the S&P 500 was down 2.1%, and the NASDAQ was down 2.7%. YTD the Dow is down 9.4%, the S&P 500 is down 19.2%, and the NASDAQ is down 31.6%. We’re just a smidge away from Bear Market territory and the Q4 rally seems to be over. With just a few weeks left in the calendar year, the MoneyWise guys share why they don’t expect a Santa Claus Rally at the end of the year, how the markets reacted to last week’s Fed comments, and why Q4 was strong even though we’re approaching Bear Market territory.

In the second hour, the Money Wise guys share the ‘Are You Ready for Retirement Quiz.’ You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.