Francis Gannon on
article 07-22-2021

Francis Gannon on Dow ends up more than 500 points, recovers from slump Monday

Co-CIO Francis Gannon discussed the recent drop in the market and why we remain constructive on economic growth.


Co-CIO Francis Gannon talked to Christine Idzelis and William Watts of on 7/20/21 to discuss the previous day’s 500-point drop in the Dow Jones Industrial Index and subsequent recovery the following day.

Read the article here.  

Francis discussed the idea that corrections in small-cap equities are more common than with their large-cap siblings. 

He went on to note that we are receiving a positive view of the economy from the companies that we talk to. “All we keep hearing from many businesses is that demand remains quite strong,” Francis said.

Read the article here.   

Learn more about Francis Gannon here.

Important Disclosure Information

Mr. Gannon’s thoughts and opinions concerning the stock market are solely their own and, of course, there can be no assurance with regard to future market movements. No assurance can be given that the past performance trends as outlined above will continue in the future.
The performance data and trends outlined in this presentation are presented for illustrative purposes only. Past performance is no guarantee of future results. Historical market trends are not necessarily indicative of future market movements.
The Dow Jones Industrial Average, Dow Jones, or simply the Dow, is a price-weighted measurement stock market index of 30 prominent companies listed on U.S. stock exchanges.
Frank Russell Company (“Russell”) is the source and owner of the trademarks, service marks and copyrights related to the Russell Indexes. Russell® is a trademark of Frank Russell Company. Neither Russell nor its licensors accept any liability for any errors or omissions in the Russell Indexes and / or Russell ratings or underlying data and no party may rely on any Russell Indexes and / or Russell ratings and / or underlying data contained in this communication. No further distribution of Russell Data is permitted without Russell’s express written consent. Russell does not promote, sponsor or endorse the content of this communication. All indexes referenced are unmanaged and capitalization-weighted. The Russell 2000 Index is an index of domestic small-cap stocks that measures the performance of the 2,000 smallest publicly traded U.S. companies in the Russell 3000 Index. The performance of an index does not represent exactly any particular investment, as you cannot invest directly in an index.
This material is not authorized for distribution unless preceded or accompanied by a current prospectus. Please read the prospectus carefully before investing or sending money. Smaller-cap stocks may involve considerably more risk than larger-cap stocks. (Please see "Primary Risks for Fund Investors" in the prospectus)



Sign Up