From the desks of Stanley Katz & Lauren Madera
STAY SAFE & HAVE FUN!
The S&P 500 snapped its four-week losing streak, but it wasn’t a sweep across the board for all three major US stock market indices (i.e., DJIA: -0.31%, S&P 500: +0.48%, Nasdaq: +1.60%). The conundrum remains if the Federal Reserve will raise their Fed Funds rate at the November 1st meeting. That is likely one major reason for recent stock market volatility as the benchmark 10-year US Treasury rate marches towards 5%. Third quarter earnings announcements begin this week. Depending on those results, we may get a clearer picture as we close out the year. Look at Zacks’ report below for some guidance on what to expect.
Over the years, we have developed a great deal of respect for J.P. Morgan’s economist, Dr. David Kelly. He publishes his thorough analysis of global economies on a quarterly basis. To simplify and synthesize the information, we include the notes to his quarterly “Guide to the Markets.” As always, we hope you find it interesting and worthwhile. Click the link below.
Below are links to a number of third-party research reports that we have read and analyzed over the past week. We hope you will find the information interesting, useful, and worthwhile.
J.P. Morgan Asset Management:
Stanley Katz & Lauren Madera, Financial Advisors
ClientFirst Financial Strategies, Inc.
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