The stock market corrected this week in a big way with the Dow Jones falling over 1300 points in two days. We believe this sell-off is over done. The root cause of it is thought to be a combination of aggressive rate hikes from the Federal Reserve, ongoing trade disputes with the US and China, a $15 minimum wage hike for Amazon, and high oil prices.
Many high quality holdings pulled back over 10% this week. See my list of 6 wide moat stocks that we will be buying into this recent weakness!
Submitted October 12, 2018 at 09:35AM by dmwes4 https://ift.tt/2PAIzF2
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