Key Takeaways:
- As a bull market matures over the second half of an economic expansion, periods of increased market volatility are likely to become more common.
- Periods of volatility bouts will likely create a more challenging environment for investors, and in the short term, sentiment can control markets as investor sensitivity to certain risks spikes.
- We believe the macroeconomic fundamentals and the dynamism of American corporations are likely to drive further stock market gains.
