Steve Sosnick, Chief Options Strategist, Interactive Brokers Group, describes how investment professionals may have powered the market’s upward momentum in recent weeks.
The fear of missing out on a rally can be self-reinforcing and a powerful incentive to buy risk assets.
Check out this illuminating video to understand why.
Photo credit: Wagner T. Cassimiro “Aranha” via Flickr Creative Commons
Don’t let the government shutdown furlough your long-term investment plans
With upcoming economic data likely skewed by hurricane disruptions, the current figures may represent the last clear snapshot of underlying trends before the bond market faces additional uncertainty.
Fed faces huge uncertainty on rate hike impact
The market selloff should be less harsh than ones in the past two years and may set up a summer rally, says Schwab strategist Liz Ann Sonders.
