
Quarterly Market Newsletter | October 2023
Q3 2023 Review The weakness we anticipated coming into the quarter arrived and the S&P 500 ended down 3.3%. A strong rally in July saw the S&P 500 hit 4,607 intraday, which marks the highest level of the index going back to April of 2022. The rally stalled in the months of August and September as seasonal headwinds, higher rates,…