Q3 Recap: Too Much of a Good Thing; When Good News Is Bad News
October 11, 2023 at 14:39 PM EDT
By Adam Grossman, CFA SUMMARY Fed reinforces its current narrative of higher rates for longer. Negative returns and higher yields in Q3 despite strong earnings… …which keeps us overweight stocks. Quarterly Recap: Inflation is Improving, and Earnings are Strong, but the Fed’s Interest Rate Path is Unchanged; this Led to a Disappointing Q3 for Investors [...] The post Q3 Recap: Too Much of a Good Thing; When Good News Is Bad News appeared first on ETF Trends .
