We are now coming into Week 1 of July 2021. As i have mentioned here,
i foresee July to be a month of volatility due to the expiry of the federal borrowing limit on 30th July.
Whichever high impact events this month may serve as catalysts for the volatility.
- Non-Farm Employment Change – Inflationary pressures will again cast its shadows on growth equities should the employment change increase.
- Unemployment Rate – Inflationary pressures will again cast its shadows on growth equities should the rate decrease.
This week’s events are just a prelude to what is coming up the rest of the month.
I have already rebalanced my portfolio , have you ?