North Korea - Will Volatility Spike Tuesday?

North Korea conducted its most powerful nuclear weapon test ever over the weekend. Trump states that he is not ruling out a military first strike to stop further aggression by North Korea since China can't help or control the situation.

So how will market react Tuesday? We think it all depends on how the story unfolds between now and 0930am Tuesday. We have seen the markets both ignore the issue and react as well. The markets did end the month of August on a positive note but we remain cautious in light of the geopolitical unrest.

We are still in a bull market at this point in time but that can and will someday change.