FYI: Lazy, hazy, crazy days of summer?
August certainly was crazy for the global financial markets, and the outlook is unquestionably hazy as the season unofficially ends with Monday’s Labor Day holiday. Lazy might have been the best investment strategy, however, if that meant setting and forgetting a diversified stock-and-bond portfolio.
August saw wild swings in the U.S. markets, buffeted by the three Ts: tweets, trade, and Treasuries. Through Thursday, the SPDR S&P 500 exchange-traded fund (ticker: SPY), which tracks the U.S. large-capitalization market, had a total return for August of minus 2.85%, according to Morningstar data. That surely stings most readers.
Regards,
Ted
https://www.barrons.com/articles/when-the-stock-market-is-this-crazy-you-should-just-invest-lazy-51567213413?mod=hp_INTERESTS_funds&refsec=hp_INTERESTS_funds
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Regards,
Ted