Is the market at a crossroad? It’s amazing how sentiment has flip-flopped in the last 36-hours with the VIX, known as the market’s “fear meter”, gaining ground. When the “fear meter” rises, there’s less confidence that the market will go up. And the market has been under pressure. On Monday, the market posted its worst single-day loss in two months.
In the past three months, we have enjoyed nice gains with the S&P 500 Index gaining 8%, Dow Industrials up 7% and NASDAQ - the biggest winner - rising 13%. But that may disappear according to
. For investors, that means growing skepticism that the sharp rally we saw this spring may be in jeopardy.
So what should you do? Should you jump on the high-beta bandwagon or put money in bonds?