Curt Renz Capital Resources

Stock Market

Market Outlook
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The popular stock market averages closed to the downside again on Friday. The August core price index rose higher than expected. This could have renewed concerns about inflation and the FOMC's insistence on battling it with higher interest rate targets.

Fear and volatility indices are high. Some institutional investors may have been pruning losing stocks from their portfolios before their end of quarter snapshots.

The recent deluge of dismal economic forecasts may be setting up the stock market for dip buying opportunities.

We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful. - Warren Buffett
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