Why Are Stocks Falling? Will It Last?
In this week’s update we are going to try and review why stocks are falling despite healthy economic and corporate earnings data. We will also look at how the current stock market correction compares to prior pullbacks and where some of the longer risks within the market may be located. We will wrap it up by looking at the pullback in energy and cannabis stocks, discuss what’s impacting price and compare that to the fundamental developments across the sectors.
Key Takeaways
- We believe the S&P 500 remains in correction mode
- The top of the market remains an area of high risk
- Energy and Cannabis remain some of the cheaper and more attractive areas we can identify
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