August 26th Weekly Market Update
The month of August has not been friendly to investors in any of the major asset classes. Stocks have dipped and bond yields have climbed, pushing bond prices lower. And, with the rise in inflation to 2.0% (as measured by the Consumer Price Index), there is greater purchasing power loss associated with holding cash or money market investments.
The stock market is likely in the midst of another temporary pullback in a continuing bull market. However, other traditional asset classes may be suffering from a bear market that may linger. Many investors may not be sure how to proceed, since it has been a long time since we have seen the current combination of bull and bear markets among the three major asset classes.
For the full article: Two Bears and a Bull