Reported about 1 month ago
Market volatility in the US is not necessarily a signal of disaster, according to Jeremy Bryan, senior portfolio manager at Gradient Investments. He believes that while fluctuations will continue, they do not indicate a sustainable trend in either direction. Investors should prepare for a choppy market, especially ahead of the Federal Reserve's anticipated interest rate cut, where a moderate 25-basis-point reduction is expected. In the months to come, trading will heavily rely on economic data as earnings reports won't be available until mid-October.
Source: YAHOO