Markets Move in Both Directions03/11/2020

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This week, U.S. stocks have seen significant volatility. On Monday, a developing oil price war between Saudi Arabia and Russia and growing anxiety around the global spread of COVID-19 sent oil and stocks plummeting. One day later, equities recovered much of their losses on a combination of a relief rally and growing optimism around a potential stimulus package. While these sharp market fluctuations can be unnerving, we do believe they will characterize U.S. equities for the foreseeable future.

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Commentaries are published by Cetera Investment Management LLC, an SEC registered adviser owned by Cetera Financial Group. Cetera Investment Management provides market perspectives, portfolio guidance, model management, and other investment advice to its affiliated broker-dealers, dually registered broker-dealers and registered investment advisers.

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