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Melt up continues for the market

August 25, 2021
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John Schooler here, the melt up continues as the market continues to perform well. With extremely low interest rates and and considerable liquidity, the market continues to move higher. I do expect some choppiness.  If the Federal Reserve starts pushing taper talk, you could add some anxiety to the market. If the Federal Reserve starts to taper their bond purchases this could cause rates to start to move higher again. However, some of the wise market participants I listen to, still feel were going to have a very good end-of-the-year rally. So, whatever pullbacks occur due to taper concerns will likely be met by buying on any pullback.

The views stated in this letter are not necessarily the opinion of Cetera Advisor Networks LLC and should not be construed directly or indirectly as an offer to buy or sell any securities mentioned herein. Due to volatility within the markets mentioned, opinions are subject to change without notice. Information is based on sources believed to be reliable; however, their accuracy or completeness cannot be guaranteed. Past performance does not guarantee future results.