Get Started


A Market Correction is a Terrible Thing to Waste


By Ryan Payne, President

In a nut shell this is a normal correction in a big booming bull market. Statistically, on average the market has around three 5% corrections in a year. Therefore this is normal market volatility. The fundamentals of the economy & the market have not changed:

Four Keys:

1. Earnings!

  • Earnings expectations for the third quarter are looking stellar again, with expected growth in profits to be over 19%, after more than 20 percent in the first two quarters of the year.

    2. Employment!

  • The unemployment rate has now fallen to a 49-year low of 3.7% in September, indicting the US consumer remains strong

    3. Stock Buyback Boom!

  • U.S. public companies have announced $835 billion in stock buybacks so far this year, already more than the previous annual record of $810 billion in 2007

    4. American Business is Strong!

  • Last week we saw a larger-than-expected 230,000 September jump in private payrolls tracked by ADP and the Institute for Supply Management’s non-manufacturing index hit the highest numbers since 2011, indicating business conditions continue to be positive


    Unfortunately these corrections don’t last that long, therefore investors with cash on the sidelines need to take advantage of this short term dip in prices before it is too late. When the US markets sold off earlier this year, it then went onto to hit new highs.


    Interested in learning more about what impact this could have on your future financials? Contact one of our expert advisors today:

    bit.ly/2pWWrzd or call us at 646.461.7670

    Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by Payne Capital Management, LLC), or any non-investment related content, made reference to directly or indirectly in this blog will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from Payne Capital Management, LLC. To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to his/her individual situation, he/she is encouraged to consult with the professional advisor of his/her choosing. Payne Capital Management, LLC is neither a law firm nor a certified public accounting firm and no portion of the blog content should be construed as legal or accounting advice. A copy of the Payne Capital Management, LLC’s current written disclosure statement discussing our advisory services and fees is available for review upon request.