Be cautious in September.
After reviewing the information at hand, it seems prudent to be cautious about investing in September.
Especially with events such as government bond auctions and the FOMC in the middle of the month, it is best to always be cautious.
Especially with the FOMC, there is a possibility of a 0.5 point interest rate cut, so it is important to also be cautious of stock market declines and potential exchange rate losses.
However, first and foremost, the release of the ADP Non-Farm Employment Change on September 5th could potentially change the market sentiment drastically depending on the results.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment