October tends to be a volatile month for markets.
Steve Sosnick, Interactive Brokers’ chief strategist, discusses the volatile market movements we have seen in recent sessions.
Are there signs of trouble ahead? Or is this just an example of the typical October nervousness?
Photo Credit: fusion-of-horizons via Flickr Creative Commons
Stocks ended a challenging week lower as investors’ attention shifted from updates on ceasefire talks to concerns about the economic impact of a protracted conflict.
Stocks exhibited remarkable resilience in the face of a surprise attack on Israel and hotter inflation data than investors expected. Stock prices initially buckled on the breakout of hostilities in the Middle East.
This interest rate impacts trillions of dollars worth of loans.
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