Fundamental, Research

Pressure Persists

Sam Stovall, CFP, Chief Investment Strategist
11 September 2023


September has been challenging for the stock markets due to rising oil prices, bond yields, and the possibility of a UAW strike. China's economic slowdown also continues to impact the markets. There is a higher chance of the Federal Reserve raising interest rates, and concerns of a recession are causing low stock prices. We maintain a positive outlook for the year-end, but there may be volatility in the near term, testing investor confidence.

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