The heated rhetoric between the leaders of the United States and North Korea continues to flow. The associated uncertainty can be unsettling for market participants, particularly during the summer month of August where trading volumes are already light, and such shocks can thus result in wider than normal market swings. But is the U.S. stock market about to wrap up its worst week since Halloween 2016 because investors really have something to worry about, or has the recent escalation of the North Korea conflict done nothing more than provide a reason for stock traders to take profits in what has been a white hot market since late last year?

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