Stock Market

Turn on the tv, open a newspaper, or even when you're out with friends, you'll no doubt hear about what the stock market did today.

Or so far today.

Or worse...where they're sure it's going next.

Wow, what a month August has turned out to be!

After trading essentially sideways for the better part of 12 months, most major stock market indexes have crossed the threshold to be considered a correction.

Correction - a decline of at least 10% in the value of stocks

In times of "crisis", it can be easy to be swayed by salacious reports in the media predicting doom and gloom. Sure, the current situation in Greece is concerning, and even scary to a degree.

Despite a bumpy ride throughout 2014, the US economy gained pace while the US equity and fixed income markets outperformed most markets around the world. This performance came with higher market volatility in the US, a rallying dollar, slowing economies in Europe and Asia, and rising geopolitical tensions, including conflicts in Ukraine and the Middle East.