While the impact of another major market shock remains to be seen, Todd Rosenbluth, director of ETF research at CFRA, believes that “efforts by the exchanges have limited the likelihood that something like August 24 will have a similar impact on stocks and ETFs.”
Still, some advisors are wary that similar pricing disruptions could happen in the future. “While certain safeguards have been implemented, in my mind, there’s always a chance something like this could pop up again to cause a temporary issue,” says Chad Carlson, a wealth manager at Balasa Dinverno Foltz in Chicago.