Volatility About To Spike With Fed Meeting?
Although it’s August with the markets in full summer doldrum mode, the Fed is meeting this week in their annual Jackson Hole retreat where we should get a very clear picture about the potential for a rate cut in September. Markets are pricing in an almost certainty of this. More on Wednesday.
Volatility remains depressed at the 15 level which is very typical during a mature bull market. Until proven otherwise, forays above 20 are buying opportunities for stocks.
There has been an inordinate amount of negative chatter regarding Berkshire Hathaway now that Warren Buffet is effectively retiring. The 2025 chart is below.
The stock has behaved well since Buffet’s announcement. Might this be the death knell for the stock? I think not and on Wednesday we will look at longer time frames as well as compared to the stock market.
On Friday we bought more SSO and QLD.
