Market Volatility August 21-24 2015

August 24, 2015

Markets Turned Volatile

Stock markets in the U.S. opened sharply lower Monday morning, August 24th, down more than 5% from where they closed on Friday. That may have been due more to panic selling, or a loss of investor confidence, rather than a rational response to specific news regarding the U.S. economy.

Fundamentals prevail over sentiment sooner or later, in our experience. Here, there may be some basis for patience in the midst of uncertainty. Fundamental measures of market value may be approaching levels that have supported share prices in the past. Read more…