Can't Live up to the Hype
We are in a seasonally challenging period for the markets, with August through October, historically providing lower returns than average months.
Stay updated with breaking news from Caleb Sevian. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
We are in a seasonally challenging period for the markets, with August through October, historically providing lower returns than average months.
Based on current higher rates, what we’re seeing resembles indigestion when realities are different than the consensus view.
On balance, the disinflationary trends continued, and the economy is on track to grow significantly above potential.
The equity markets are looking for a continuation of what I’ve recently called the plotline: declining inflation and a tightening of the labor market.
The U.S. equity markets have been propelled higher in 2023 based on a confluence of drivers.