Wall Street was too excited at the prospect that the US Fed will start cutting rates. Nope, sireee, uncertainties still linger. Just look at the 10-year Treasury bond rates that climbed to reach 4%. The monetary policy easing may be slower than anticipated.

In addition to that is Trump’s likely return to the White House.

“Investors were also parsing a raft of other political and geopolitical developments, including Donald Trump securing a resounding win in the first 2024 U.S. Republican presidential contest in Iowa on Monday, and developments in the Red Sea, Gaza and Ukraine,” Reuters reported.

Well, it’s not just investors. Europe is also wary.

With that, I bought some ETFs to take advantage of the selloff. However, I was premature…the price even went lower later today.😒 Meanwhile, the mutual fund I bought several weeks ago has now given me dividends. I just received the notice yesterday. Hoping that the sell off will continue until the end of the month so I can buy more ETF and mutual fund shares.