The major US markets (^DJI,^GSPC, ^IXIC) are eyeing a rebound in Monday's trading session after last week's big sell-off. Gradient Investments senior portfolio manager Jeremy Bryan joins Wealth! to break down the market movement ahead of the Federal Reserve's highly anticipated September meeting next week.

"I don't think the volatility (^VIX) is over yet. I think we're going to bounce around, but I don't think we're going to have a sustainable trend in either direction. I don't think volatility necessarily means disaster, right? That's not what we're saying here. What we're saying is expect the markets to be choppy," Bryan explains. He notes that over the next few months, investors will be mostly trading on data points since the next round of earnings won't be until mid-October.

As the Federal Reserve gears up for an interest rate cut at its September meeting, Bryan argues that "the volatility really comes from how much of that magnitude of the cut looks like." He believes that Wall Street will likely see a 25-basis-point cut from the Fed, and notes that a 50-basis-point cut would ultimately show that the economy is deteriorating faster than expected.

For more expert insight and the latest market action, click here to watch this full episode of Wealth!

This post was written by Melanie Riehl