Client resources & news, continued
September 14, 2020
Stocks Continue Downward Slide
The Week on Wall Street
Stocks traveled a volatile path last week as investors appeared concerned about the upcoming elections, an uncertain economy, and more delays with additional fiscal stimulus. 

Stocks Continue To Slip
In a holiday-shortened week of trading, stocks resumed their slide from the prior week, with the technology-heavy Nasdaq slipping into correction territory in a three-day span ended on Tuesday, September 8th. (A correction is defined as a decline of at least 10% from a recent high.)

After staging a strong rebound on Wednesday, stocks once again headed lower as the Senate failed to pass another coronavirus stimulus bill. Mega-cap technology companies remained under pressure throughout the week. Energy stocks added to investors woes, plunging on data showing an unexpected build-up in inventories.

The market ended the week on a mixed note, as technology companies lost additional ground.
Eight Men Out
Movie Review by Bob Blattel
As this year’s shortened Major League Baseball season comes to close, I thought it fitting to reflect on our national pastime. Eight Men Out (1988) is an excellent baseball film for true baseball fans.

Eight Men Out focuses on the real life Black Sox Scandal in which eight teammates on the Chicago White Sox were accused of accepting bribes to lose the 1919 World Series. Many well-known historical figures were involved including Buck Weaver and “Shoeless” Joe Jackson.

The story really comes to life due to excellent acting (and early appearances) from John Cusack, Charlie Sheen, and D.B. Sweeney. Studs Terkel, a notable character actor, also really shines. Eight Men Out is a touching, sentimental, and nostalgic film, but focuses on a dark moment in baseball’s history.

John Sayles—a favorite independent filmmaker of mine—wrote, directed, and acted in the film. I actually met him several years ago when he was a guest speaker at a Webster University event. During the Q&A, we discovered that our birthdays (and years!) were only two days apart. Needless to say, my affinity for John Sayles only continues to grow.

Grab your Cracker Jacks and enjoy!
Securities and Investment Advisory Services offered through Cutter & Company Brokerage, Inc., 15415 Clayton Road, Ballwin, Missouri 63011 * (636) 537-8770. Member FINRA, SIPC.