The equity market environment has undoubtedly changed.  Prior to the volatility the markets have experienced starting Friday, February the 2nd, we were setting records for the length of a bull market with low volatility.  We were seeing the one of the best starts to the year for stocks until something changed, so what was it?

There are two events that may cause an increase in volatility in the marketplace before year end: 1) The presidential election, and more specifically a Trump victory, and 2) The Fed meeting in December, if they decide to raise interest rates.