Let’s us not forget that the S&P 500 was up over 7% in August and that the advance seen since those March lows did need to take a breather to reduce some of the froth that was building up in the market, especially within growth stocks. While stocks have struggled this month, many bond products including core bonds and Treasuries are positive on the month, offsetting some of those stock losses in a diversified portfolio.
For the week ahead, we continue to monitor the VIX. Last week, as stocks sold off, the VIX did not make new highs, which we take as a positive sign. So, does the VIX continue to drop? If it does, then that should be stock market positive.
For a more detailed market report head on over to our Insights page. Where there are some of the key economic data points to be released this week. Also subscribe to our YouTube channel and check out some of our other social media pages.
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