What should you do when market volatility spikes to the downside? We’ve heard to never run from a bear but lie down and play dead. The same holds true in bear markets, more or less. Ben and Brent go a few steps further on what to do. First, they elaborate on what’s behind the August 2024 spike in volatility.
The market may have calmed down for now, but a listen might help you prepare for the next correction.
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About your Hosts
Ben Jones
Managing Director, National Wealth Management Group
www.nwmgadvisors.com
Author, www.karastick.com
@thekaratstick
https://www.linkedin.com/in/ben-nwmg/
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Brent Gargano, CFPⓇ
Founder & Advisor, Infinite Wealth Planning
www.infinitewealthplanning.com
linkedin.com/in/brent-gargano-cfp®-2067b573
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Resources:
Economic Calendar
https://fidelity-fcm.econoday.com/byweek?cust=fidelity
Yen Carry Trade
https://www.wsj.com/livecoverage/stock-market-today-dow-sp500-nasdaq-live-08-05-2024/card/why-the-yen-carry-trade-unwind-has-further-to-go-SYsvxWxTvLGLCUsDTDM5
First trust history of markets:
https://www.ftportfolios.com/COMMON/CONTENTFILELOADER.ASPX?CONTENTGUID=4ECFA978-D0BB-4924-92C8-628FF9BFE12D
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Editor
Trevor Gargano
Trevor@nwmgadvisors.com
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Disclosure:
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.
Securities offered through LPL Financial, Member FINRA & SIPC.. Advisory services offered through National Wealth Management Group, LLC a registered investment advisor and separate entity from LPL Financial.