Markets Find More Concerns

In their latest commentary, the Cetera Investment Management Team discusses the recent stock market volatility. Throughout most of 2021, U.S. equities have risen despite a growing list of concerns. With the S&P 500 trading at valuations not seen since the technology bubble period, a lack of a 5% pullback in this index since October of 2020, and September being the worst month in terms of performance for this index, investors were already a bit jittery as this month began.

Late last week and over the weekend, investor worries increased as fresh concerns helped to lead a global selloff that started in Asia and spread quickly to Europe and domestic financial markets, with riskier assets bearing the brunt of the weakness.

As always, please reach out to the office if you have any questions.