A more challenging investing environment requires a more disciplined and patient investing approach. The next few months could continue to be choppy, but a U.S. and/or global recession still appears a ways off, which should keep the bull market—here and globally—intact.
The stock market environment has changed since January, making it more challenging but also creating potential opportunities.
Stock market volatility appears to be largely a consequence of the economic environment returning to a more “normal” status.
Volatility has spiked, jolting investors out of complacency, but that doesn’t mean any dramatic action is needed.
U.S. stock indices have continued to push to record highs, with little apparently able to throw them off course. The grind higher has pushed through natural disasters, the Las Vegas tragedy, domestic political failures, international political tensions, and missile tests and threats from North Korea—an ample “wall of worry” for stocks to climb.