Stock Market Is Unfazed By Russia Indictment, Displaying What Makes America Great

After a 37-page indictment alleging a criminal conspiracy directed by the Russian government to meddle in the 2016 U.S. presidential election was posted at about 1 p.m. E.S.T. on Friday by the U.S. Justice Department, faith in the nation, as measured by the stock market, remained unshaken. Stock prices barely budged on the news.

The good news is that the stock market's performance on Friday indicated confidence of investors that justice ultimately will be done. Share prices of America's largest companies stayed stable because investors wisely focused on the long-term strength of U.S. economic fundamentals.

Here's some insight into current economic conditions and the kind of ongoing analysis required to manage wealth prudently for the long-term through good and bad times.

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This article was written by a veteran financial journalist based on data compiled and analyzed by independent economist, Fritz Meyer. While these are sources we believe to be reliable, the information is not intended to be used as financial advice without consulting a professional about your personal situation.

Indices are unmanaged and not available for direct investment. Investments with higher return potential carry greater risk for loss. Past performance is not an indicator of your future results.

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Carolinas Wealth Management

5111 Trenholm Rd., Ste 100
Columbia, SC 29206
P: 803.256.0100

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Myrtle Beach, SC 29577
P: 843.497.8505

119A Professional Park Drive
Seneca, SC 29678
P: 864.885.1045

ann.duckett@carolinaswealth.com