5 min listen
Perspective on the Shutdown, Growth Trade, Sentiment & Utilities
Perspective on the Shutdown, Growth Trade, Sentiment & Utilities
ratings:
Length:
7 minutes
Released:
Sep 26, 2023
Format:
Podcast episode
Description
Today in the podcast, three big things you need to know: First, the stock market tends to experience turbulence heading into extended government shutdowns, but the S&P 500 has already done more than half the damage typically seen in those episodes and rebounds that follow tend to be powerful. Second, we view last week’s Fed meeting as a mixed bag for Growth stocks – negative short term but positive long term. Third, things that jump out from our high frequency indicators include continued erosion in investor bullishness, Trump pulling ahead of Biden in the polls, and strong outperformance by Utilities this month.
Released:
Sep 26, 2023
Format:
Podcast episode
Titles in the series (100)
Economic Surprises & Lions – Oh My! by RBC's Markets in Motion