October – Bad News, Good News

It’s Halloween and we made it through October, historically a frightful month for the stock market. While the market retreated almost all the way back to the values of the beginning of the year, bad news, the 2 for 1 index is still ahead over 5% for the year – good news! Our portfolio of defensive companies, most of which have recently split their shares, has performed well in the face of the recent market volatility.