This September could be an exception,ie, not likely to see market decline. Why I think so? First, we are expecting Fed cut on interest rates. This means it will be more affordable to trade/invest in equities with lower interest or cost of capital.This can also lead rotation of funds from bonds, t-bills, and money market funds into equities now that there is more potential for growth and lower returns from fixed income. The second reason is that this August is different and also an outlier- it's not bullish at all as we experience the Black Monday as result of Japanese Yen carry trade. Now stocks are still near support and still potential to recover. I will remain bullish but cautious too and act accordingly as the market present itself.Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
