Recent data is fanning the flames of uncertainty

• 02 October 2015
• by: Chris Versace, Chief Investment Officer
• in: Digital Lifestyle
• note: no comments

3Q15 was a blow to consumer confidence, and fanned the flames of uncertainty – one thing the stock market does not like.

Earlier this week we closed the books on September, and we all know the market ended the month on a weak note.

Taking a step back, the September quarter was mired with issues — the Greek Crisis, the devaluation of the Chinese Yuan, the accelerated decline of the Chinese economy, the back and forth of the “hike, no-hike” by the Fed, and more — all of which pointed toward a slowing domestic economy. The third quarter was a blow to consumer confidence, and fanned the flames of uncertainty, and we all know uncertainty is one thing the stock market does not like. Neither do we, and we suspect you and your clients don’t either.

In this week’s issue of Tematica Insights:

• A look at PMI Manufacturing data, a miss on the Employment Report, and what else is to come on the missed earnings front.
• Why we are not “buying the dip” this time.
• iPhone shipment numbers: a good things for more than just Apple ({stock_quote symbol=”AAPL”]).
• The Force is with Disney {stock_quote symbol=”DIS”]).