August Preview

August 2017 begins to close the door on summer here in the United States, but it is also a relatively quiet month in terms of big market moving events. The Federal Reserve (Fed), European Central Bank (ECB), and Bank of Japan all had meetings last month and they won’t hold official monetary policy meetings again until September. Another solid earnings season is winding down as well, which means big news driven events may be slim in August. Even though the month is light on highly anticipated events, this doesn’t mean there can’t be volatility, in fact there normally is. Since the bull market started in 2009, August has been the worst month of the year twice (out of eight years) and has finished in the top half of all months for the year only twice. The biggest event of the month is probably the first solar eclipse to pass the entire continent in 99 years. Which raises the question: are the stars aligned for some volatility? Knowing this month’s history for volatility, it is important to stay on top of the significant happenings coming up. To help, we’ve created this guide to the August 2017 market calendar, providing an overview of the key events.

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