.png)
Markets have been whipsawing violently amid conflicting signals on the economy and rising recession fears. Investors should get ready for more turbulence and volatility in the days and weeks ahead.
Sponsor
 |
5 Stocks That Could Double in 2024 Our analysts have uncovered FIVE stocks that could double in 2024. Stock #4 is set to benefit from the rising demand for copper and other essential minerals in the green energy transition. Access Now >> |
Volatility Reigns After Wild Week
• Last week, the S&P 500 saw both its worst and best single-day performances of 2023
• The wide swings highlight how "on edge" markets are right now
Conflicting Economic Signals
On the one hand:
• Fears of a potential recession are elevated
• Months of rising unemployment claims and other deteriorating data
On the other hand:
• Markets now cheer solid data as a sign the U.S. can avoid a contraction
• Any good news could spark a relief rally
Key Tests Ahead
• This week brings key reports on consumer prices and retail sales
• If inflation cools further and consumer spending holds up, markets may rally
• But upside surprises could reignite worries over higher rates for longer
Prepare for Turbulence
• Analysts warn we could see many more big up and down days
• Rather than placid conditions, expect extreme volatility near-term
Navigating the Whipsaws
• Make sure your portfolio is properly diversified for turbulence
• Trying to trade the narrative shifts is likely a losing game
• Stay disciplined and focused on long-term goals amid the choppiness
The path forward is uncertain, but getting ready for a market roller coaster appears the wise move for now.
YOU NEED TO READ THIS NEXT
Wall Street Legend on Economy: "If you knew what I know, you'd be terrified too." Something huge is headed to America's shores – and it scares the hell out of Wall St. legend Louis Navellier. When it makes landfall, its impact will be more violent and more severe than any financial crisis we've ever seen… "No matter how prepared you think you are, you aren't prepared enough," he warns. Full Story >> .png) |
