Investors are holding out to see how they can navigate the remaining months of the year, where they should be placing their bets, and what they can do to avoid any unsuspecting pitfalls.
Wall Street is divided on whether a new bull market has begun, and it's easy to see why based on the divergent performance of the major U.S. indices.
A key question advisors will face from clients is whether a recession is likely and if so, what to do about it. The widespread pessimism among consumers and investors adds another layer of complexity to portfolio management.
Extreme volatility is making it more challenging than usual to predict market movements and where best to allocate portfolios. In fact, even BlackRock executives admitted that they're facing difficulties with allocations.
The pandemic-induced housing market is swiftly cooling down, as both buyers and sellers are facing growing uncertainty. Indeed, the U.S. housing market is tumbling closer to a collapse – the first in more than a decade.