The U.S. stock market has never gone this long without a meaningful correction. Get the details here.
Art Cashiin of UBS Securities is always worth listening to. In this CNBC interview he provides a first hand look back at the stock market crash of 1987. Good investment advice from Art Cashin: "When I walk into a room, the first thing I look at are the exit signs. I want to know how to get out of a room as much as how to get into it." Good everyday life advice as well. Watch the interview here.
If you are not aware of this, you should be. After the huge Equifax hack, you should know that the SEC wants to control a database with every investor's social security number, birth date, address, investment account numbers and daily trading history. Everybody's. This is called the Consolidated Audit Trail (CAT) and the first stage of implementation is scheduled for November. This really shouldn't happen. Read more about it here.
