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How should we accept the US stock crash in August? Is it a buying opportunity or is it the beginning of a crash

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moomooニュース米国株 wrote a column · Aug 23, 2023 05:32
S&P 500 in AugustDecline across all sectorsI did it. This is after a sharp rise in 7 months from the beginning of the year,The major crash since the end of last yearIt is. According to Dow Jones market data, it was in December last year that all 11 sectors of the S&P 500 recently fell in the same month. According to FactSet data, the utilities, information technology, and materials sectors experienced the biggest decline among all sectors.
For some investors, this month's slump won't come as a surprise. According to Stock Trader's Almanac data, looking back at history, August's performance was the second worst month of the year, and the year before the presidential election was particularly bad.
However, the downturn in August this yearMore than just seasonal factors. If a sharp rise in US bond yields, the downgrade of US bonds due to Fitch, and inflation forecasts that are still uncertain, etc., are added, it is clear that the slump is clear.
On Wall Street, opinions are divided on whether or not US stocks will pick up after this month.
How should we accept the US stock crash in August? Is it a buying opportunity or is it the beginning of a crash
This article uses automatic translation in part
-MOOMOO News Sherry
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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