Market Update | September 30, 2017

Market Update | September 30, 2017

In Perspective

By: Keith D. Maderer

I woke up this morning to hear about the gunman in Las Vegas and it hit me again.  Everyday we live in a world that is envious of the freedom that we have in the United States. Our lifestyle and the opportunity for free speech allow us to be a world leader and a target for those that want to do bad things. 

The Mandalay Bay resort and a Jason Aldean concert were the latest targets. It seems to be the new reality. We are very fortunate to live in WNY as we are not a major world center.

New York City, Los Angeles, Boston, Miami and Chicago are all high profile cities. But Buffalo has a down home family lifestyle and we have access to most everything major world cities can provide. 

I thought the US and World  markets would be disrupted by the news today of 50+ people dead and hundreds more injured. But instead of market volatility, the markets in their own orderly fashion closed up at new record highs. 

Is it really the “New Normal” that a mass gunman murdering innocent concert goers doesn’t even rattle the markets?

Have we reached that point in our society that this is “built into the numbers”?

I am not sure, but it definitely puts life in perspective. It is a crazy world with a lot of crazy, irrational people. We need to watch out for our family, friends and each other.  Protesting the National Anthem, Hurricanes, Tornadoes and Wildfires are all part of life these days. But family values remain in WNY. And that is the best scenario for our humble, yet comfortable lifestyle. 

The markets and the economy continue to advance as deregulation, economic stimulus and potential tax cuts appear likely. 

Money is not the solution to every problem, or the United States would be a perfect place. But getting back to family values, friendship and working together could solve most problems... if we keep them in perspective. 


Keith Maderer has been a Financial, Investment and Tax professional in the Buffalo-Niagara region for over 30 years. He helps individuals and families to Clarify their needs and goals, Solve their problems, and Simplify their life to avoid the common pitfalls that get in the way of enjoying life and retirement.

He is an author, an entertaining and humorous speaker that enjoys captivating audiences with stories, anecdotes, and messages that inspire and motivate others to achieve their goals.

He has been married for over 30 years and has 5 adult children which contributes to his great sense of humor. For more information please visit:, or or visit his Amazon Author Page.

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