Stocks just keep climbing—and in this Take 5 episode, recorded live from downtown Chicago, hosts Ryan Detrick, Chief Market Strategist, and Sonu Varghese, VP, Global Macro Strategist, ask the big question: Will the market ever go lower again? After a historic rally this summer, they break down what investors should expect in August and beyond.
Key Takeaways
- Since 1990, after reaching an all-time high, the S&P 500 is higher 80% of the time a year later, with a median gain of 13%.
- August has a history of unexpected market shocks due to low trading volume.
- Watch July’s CPI report closely—it could be the next big market mover.
- The Fed is in a holding pattern, but rate cuts may return this fall or winter.
- Even if we see a 4% to 6% pullback, the bull market remains intact.
