Official Credit Union of UMass Athletics

Official Credit Union of UMass Athletics

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Archive for December 2015

Market Month November 2015

By Craig Boivin.

November saw equities markets follow October's gains, although not nearly at the same pace. Amid favorable jobs reports, moderate GDP growth, and increased consumer income, coupled with an apparent easing of economic concerns in China, conditions appeared ripe for a strong November in equities trading. However, the major indexes listed here saw gains that can be described as pedestrian at best. Possibly shaken by the terrorist attacks in Europe, investors socked money away at a pace not seen since 2012. Nevertheless, positive gains were achieved in both the Dow and S&P 500. The Nasdaq advanced almost 55 points, while the Russell 2000 jumped a little over 3.0%. Of the indexes listed, only the Global Dow lost value by the end of November.

Non-deposit investment products and services are offered through CUSO Financial Services, L.P. ("CFS"), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. UMassFive College Federal Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members. 

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