o The summer vacation period for US Wall Street traders and institutional investors is concentrated from the end of July to the entire month of August.
o During this period, market trading volume decreases significantly, and the stock market tends to rise or fall without a clear direction. Due to the lack of market participants, volatility can increase sharply even with minor issues.
o With Labor Day on Monday, the first week of September, marking the end of summer vacation, traders return to their workplaces.
I only realized today the impact of Wall Street's summer vacation on the stock market. ㅜㅜ
There's a lot to learn.
Now that the Jackson Hole meeting is over and everyone is back from vacation, the market direction should become clearer.
