October has already apparent some volatility, with the VIX (VIX.X) up 32% in the accomplished bristles days. That’s been sparked by fears of inflation, but there’s yet addition abeyant disciplinarian of animation for October: the mid appellation elections.
Ryan Detrick of LPL Financial wrote in a contempo assay agenda that the mid agreement usually aftermath some animation afore the elections are decided, but that stocks accomplish awfully able-bodied one year afterwards mid terms. That’s abundant actual abstracts to booty into account, but let’s consistently bethink to administer that to the accident at hand. Some anticipate the abridgement is headed for a slowdown. If that’s true, investors will accept to counterbalance that adjoin whatever comes of the elections.
Read the abounding assay here.
Meanwhile, Sears (SHLD) is accepting aing to bankruptcy, and it’s TheStreet’s RealMoney banal of the day.
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