We present our third quarter 2023 Investment Strategy Update video titled, “Standing Eight Count.”
Market Letter: Stalemate
Third Quarter Earnings Season Kicks Off
U.S. stocks ended higher this week as investors digested news of solid corporate earnings against a more hawkish-than-expected Fed and better-than-expected labor data. Throughout the year, rising rates and macroeconomic headwinds overwhelmingly pressured asset prices and valuations, even for companies that have demonstrated earnings resilience.