Volatility was the word last week, with markets making headlines each day. It sure was nice to see things calm down on Friday. While no one can predict the future, this week should be interesting. The markets could rebound to the previous 2100 level, but my inclination is that we’ll remain in a holding pattern until the 17 September Fed meeting announcement. Also, expect CNBC pundits to start discussing the possibility of a S&P 500 “Death Cross”. For now, allocations remain the same as we head into September.
Volatility was the word last week, with markets making headlines each day. It sure was nice to see things calm down on Friday. While no one can predict the future, this week should be interesting. The markets could rebound to the previous 2100 level, but my inclination is that we’ll remain in a holding pattern until the 17 September Fed meeting announcement. Also, expect CNBC pundits to start discussing the possibility of a S&P 500 “Death Cross”. For now, allocations remain the same as we head into September.