October 2023 Market Update

October proved to be a spooky month for the markets. The negative returns were a result of mixed corporate earnings, macroeconomic data, and geopolitical tensions. October Market Performance: Q3 2023 earnings season was a mixed bag. Many companies showed solid growth over the last three months in certain business areas but missed estimates in other […]

September 2023 Market Update

The ‘September Effect’ is a calendar-based market anomaly where stock market returns are consistently negative for the month. Of course, this theory may or may not apply depending on the year. But, it certainly proved true in 2023. September Market Performance: September was a bad month for the capital markets. The primary driver was when […]