Stock market: Prepare for higher volatility, strategist says

📆 15/09/2023 1:02:00
📰 YahooFinanceCA

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Stocks have been pretty flat over the last month. but that could be changing. Charles Schwab Chief Global Investment Strategist Jeffrey Kleintop warns that there is 'potential for higher volatility' in the weeks to come. Kleintop gives a few reasons why, including an earnings picture that isn't likely to improve, slowing in the service sector, and the drought causing a backup on the Panama Canal. 'The market is pricing in clear sailing from here but it may not be that smooth of a ride', Kleintop says.

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