Traders have certainly seen better days with markets continuing to struggle as we make our way into the latter half of 2021.
The continuation of this recent market volatility has some on Wall Street seriously considering the possibility that a market correction looms in our near future!
Join us today as we review expert opinions and recent market health to allow you to decide for yourself what you think these markets have in store for us in the coming months…
The Markets of Yesterday…
It almost seems to be like clockwork that, just when everything appears to be going better than we’d imagined, something comes along and knocks us off our high horse. A few years back (pre-pandemic), the markets were doing unbelievably well… reaching new highs to the delight of every investor with a stake in their health.
… Then, out of the blue, the pandemic hit and sent everything in a downward spiral.
Though we’ve seen major recovery efforts (and some success) in building the U.S. economy back up to pre-virus rates, the scarring of the economic hardships caused by the mass-quarantine are still very evident and prove to be harder to shake off than some officials had anticipated.
Today, with prices of things such as building materials, groceries, gasoline, etc. continue to rise, many are wondering when (if ever) we’ll get back to the days of soaring markets and affordable products.
Though undoubtedly caused by the recent economic shut-down, some are also suggesting that the U.S. government’s eagerness to print more currency to help pay for all those stimulus handouts and other virus-related expenses is taking a negative toll on the value of the U.S. dollar. As such, prices are rising to combat the fact that, to paraphrase a wiser generation, “A dollar don’t buy what it used to.”
… A Volatile “Fall”
Historically speaking, the months of September and October are generally weaker months in the markets and, as such, recent fluctuations in the markets have not deterred some investors from diving in headfirst to these rough waters fully expecting a quick turnaround at the year’s end. In fact, some experts believe a certain amount of market correction is something every trader should be prepared for, despite market health and or seasonal fluctuations.
When recently speaking with Yahoo Finance, Morgan Stanley Chief Investment Officer Mike Wilson was recently quoted saying investors, “… should always be expecting a 10% correction. If you’re investing in equities, you should be prepared for that at any time. The bottom line… is the risk/reward is not particularly great at the index level from here, no matter what the outcome is. That’s why we don’t have any upside to the S&P for the rest of the year.”
Markets will always suffer from volatility, but have recent circumstances pushed Wall Street so far into the deep end that a correction is imminent in our future? Honestly, only time will tell, but, needless-to-say, the importance of keeping your investments under a watchful eye during these uncertain times cannot be stressed enough!
Learn More Here…
To help you with the daunting task of protecting your investments and making sure you stay as informed as possible when it comes to the best market strategies and overall market conditions, we invite you to join DTI founder and 40-year market veteran Tom Busby now as he shares his take on recent markets and his plan of attack going forward…
P.S. – If you’re interested in learning how these two traders turned a simple $500 investment into over $22,000 in profits over the course of just one month, you’re not going to want to miss this!