Tuesday 11, June 2013 by Russ Koesterich

Higher volatility here to stay

Last week was a volatile one for financial markets as investors were intensely focused on the May employment report that was released on Friday. In advance of the data, US stocks dropped noticeably as investors feared that a too-weak report would signal slower-than-expected economic growth, while conversely some were concerned that a too-strong report would prompt the Federal Reserve to move away from its simulative stance earlier than expected.