Despite the S&P 500 being up over 20% for the year, there's still a lot that can go wrong these last 3 months

Jay Soloff

Argonath Financial

Despite the S&P 500 being up over 20% for the year, there's still a lot that can go wrong these last 3 months. Of course, the potential US government shutdown is bad news, but don't forget the debt ceiling debate is also in play this month. There's also the Fed's decision on when to start tapering bond purchases, something the financial markets have been following very closely this year. Additionally, we have another round of corporate earnings right around the corner. Worse than expected earnings/outlooks could certainly hurt stocks. (Can any company's outlook possibly be positive with the huge political mess going on?) That doesn't even include international factors. Can China's growth continue? Is Europe's economy healing fast enough? Will further military action be required in the Middle East? Bottom line, the next 3 months could be interesting.

Jay Soloff
Jay Soloff
Research Analyst
Argonath Financial

I'm an investments analyst for a US-based independent investment research firm. My focus is on economics, options, and all types of stocks, but especially tech, Internet, and renewable energy companies. I have experience as a options market...


No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.


Please sign in to comment on this wire.

trending on livewire
Get the best of Livewire by signing up to our popular daily newsletter