Welcome to Dividend.com
Please help us personalize your experience.
Select the one that best describes you
Continue to site >
Trending ETFs
Worried Man at Desk

News

Market Wrap for August 17: The Wall of Worry Grows

It seems investors may have hit their breaking point this week.

With the number of earnings reports dwindling to a trickle, investors have once again begun to focus on the geopolitical and economic environment. Looking through that lens, the picture isn’t good. The trade war and tariff situation continue to escalate as the world engages in its tit-for-tat.

At the same time, the issues in Turkey seem to be bubbling over. A crashing lira and its potential spillover effects have started to worry investors. Meanwhile, the Trump Administration’s response to the nation has been uncharacteristic of previous presidencies. This has put investors on edge considering how much stocks have risen over the last decade. The threat of a full-on global crisis could be looming.

The mounting wall of geopolitical worry has been met head-on by better economic conditions here at home. Various metrics in manufacturing, housing and consumer health all showed big gains this week.

However, it still wasn’t enough to escape the mounting wall of worry. Stocks had a bumpy ride and ended down for the week.

Click here to read our previous Market Wrap in which investors focused on corporate earnings.

Get Premium to keep reading
This is a premium article. Please sign up for Dividend.com Premium to access this article and other Premium content.
Learn more