In this commentary the Cetera Investment Management Team discusses the continued selloff in U.S. equities. Market risks have been rising and now recession fears stoked by a labor report is causing market volatility. Investors want an intra-meeting rate cut from the Fed but may not get it. They continue to think this pull back could be short lived as the economy appears to still be on solid footing. Diversification remains prudent as they expect more volatility. | |
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As always, please reach out to the office if you have any questions. |
Recession Fears Put Investors on Edge
August 05, 2024