Even as some volatility returned to the U.S. stock market, the major benchmarks were all up at least 12% for the year. Delta Variant and the Economic RecoveryIn July, concerns about the Delta variant’s impact on the economic recovery were to blame for some of the volatility in the market. And this continues to be “very much on everyone’s radar” in August, says Shawn Cruz, senior market strategist at TD Ameritrade. And expectations for growth ahead could put “a ceiling” on the stock market for the remainder of the year, he adds. Bassuk sees the potential for a “seesaw market” in August and recommends looking outside the stock market to help weather some of that volatility.

Source: Forbes August 02, 2021 21:30 UTC