VIDEO: Can growth in U.S. markets continue?

Posted at 3:12 PM, Sep 12, 2014
and last updated 2014-09-12 15:12:06-04

RICHMOND, Va. — This year has seen plenty of upheaval: fighting in Ukraine, Gaza and the Middle East. Many of the European economies continue to struggle to achieve even modest growth.  China remains a wild card, whose massive economy can cause global shock waves.

So how have U.S. stock markets continued to perform, even after a robust 2013?

Sandy Wiggins from The Actuarial Consulting Group,  who talks with CBS 6 about the financial markets frequently, points out that the three major indexes, the S&P 500, the Nasdaq, and the Dow, are up 12.52 percent, 15.22 percent, and 8.21 percent respectively, since last Thanksgiving.  That’s not bad!

So is the market inflated?  Are we seeing a bubble or can this pace of growth continue? Check out what Sandy says, and remember to keep contributing to your retirement fund, regardless of how conservative/aggressive your mix is!