Market in Motion

There's been some turbulent price action throughout the Market in August. It's been felt in stocks, it's been felt in bonds, it's also been felt in commodities. Trends reversed hard from earlier in the year, when prices had generally risen. Some assets have moved at faster paces than others, particularly in Mega Cap Tech, which shot up like a rocket ship in 2023 after being sent cascading back to Earth last year. Most other areas in the Market have experienced more muted gains heading into this Summer. Then July turned to August. Across the board, prices stopped going up in August. Not even the AI revolution could keep stock prices elevated.