[Christian Harris]

Financial news outlets reported a recent market downturn triggered by disappointing manufacturing data, fuelling fears of a US economic slowdown.

While short-term market volatility is expected, the long-term bullish outlook for the market remains intact, buoyed by the potential for interest rate cuts and a robust GDP projection.

Following the Labor Day holiday, market sentiment has shifted to a more cautious stance, with investors closely watching upcoming employment figures and anticipating potential monetary policy easing by the Federal Reserve.

Analysts anticipate a potentially challenging September for stocks, citing historical data that suggests the S&P 500 often underperforms during this month.

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[John J]

There could still be opportunities for short term traders with the presidential debate. I expect we’ll see volatility in US-related markets like EURUSD, GBPUSD, S&P, Nasdaq and shares of companies that will feature in debate topics namely energy, infrastructure and technology.

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[Christian Harris]

I agree John. There’s lots of volatility on the horizon.

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[John J]

I don’t think there was much to reassure investors in the debate. It was lacking in clarity around economic policies and Harris revealed she leans more to the left than she’d let on, especially when it comes to human rights and healthcare, which should raise questions about her wider policies.

There could have been another opportunity if they were to face off again but that looks off the cards now. Trump has said it ain’t happening. Sensible I’d say because he didn’t come out smelling of roses.

But as you say, lots of volatility coming down the road over the next few months.

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