We are now in the final three months of 2023. No pumpkin anything for me…thank you! (except carving. I do like to carve them.)
Stock markets did not perform in the third quarter of this year. Only two investment segments were up for the quarter: commodities and cash. The increase primarily due to the increase in oil prices. However, year to date (YTD) through 9/30/2023, stock markets still lead the way with the tech focused NASDAQ 100 leading the way being up 27%. The S&P 500, led by it’s tech stocks, is up 13%.
Much is happening economically. The congress has delayed a government shutdown and inflation has peaked are among the top stories. We’ll be talking about them during our new quarter’s investment review meetings. Not a client yet? Sign up for a free review of your long-term investments here.