Submitted by Pat Cote on October 30, 2018
As the stock market has shown many times in the past, October was once again a month of high market volatility. This brings the usual chatter about what’s driving the volatility – the Fed raising rates, trade wars, political issues, etc. It is not necessarily a bear market looming - the reality is that we just experienced the longest bull market in US history, so we are overdue for market volatility, including a market correction.
There are three key steps to follow, especially with volatile markets: