Strategas Insight: Simple, But Not Easy
Investors thought the patience they showed as the market ratcheted back for six, low-volatility, FAANG-led months (from the February sell-off to fresh, all-time highs in August) deserved to be rewarded, with an uneventful upward move into year-end. Or, at least they should be granted absolution from another sharp, confidence-rattling, broad market sell-off. Instead, along came another classic October to test their mettle.
Read the full commentary for insight on the upcoming elections, Fed policy, trade with China, and other key factors affecting the US economy in the near term.
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