Many of us had the opportunity to watch the recent supermoon lunar eclipse, which inspired pictures, videos, and late evenings. Part of what makes a lunar eclipse so special is that we rarely pay attention to the moon. We only stop and stare when we see a dramatic change in the night sky, but most of the time the moon subtly changes each night as it progresses through its cycle month after month. Similarly, economic cycles can be counted on to continue month after month, and we need to remember that market downturns are part of the natural cycle of investing.
The soft September 2015 jobs report—with just 142,000 net new jobs created during the month, below the consensus expectation of a 201,000 gain—sparked more questions about the current economic cycle. July and August readings were also revised lower and added to investor disappointment.