Stocks Down but Long-Term View Up

We’re in the middle of an interesting moment for the markets, where short-term volatility and uncertainty might lead you to believe that the economy is faltering.  After all, the major stock indexes lost ground this week, with the S&P 500 losing 1.94%, the Dow dropping 1.50%, the NASDAQ dipping 2.77%, and the MSCI EAFE decling 1.59%.  On top of these losses, the S&P 500 posted its longest losing streak since 1980.

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