"In last week’s commentary, we noted that the powerful stock market rebound from the low of mid-March was now likely to give way to a volatile, but range-bound summer leading up to election. Last week’s performance likely marks the start of this summer of volatility, which is typical of presidential election years. This big contributor to last week’s stock market pullback was the sure in oil prices".

To see the rest of Jeff Kleintop’s article, please click on the link below: