I have been very good this year, with minimal volatility and producing 20% returns for the second year in a row! I included more friends in my rally this year, not just the Magnificent 7, and I brought along utilities, financials, and industrials. I even invited some of the old-school blue-chip names like WMT and AXP to join the rally party. I only dropped -8% one time all year, not even the normal -10% correction that would be expected. And with the VIX below 15, you can tell I have been consistent and upward trending. I was very nice this year, not naughty!
October has garnered the reputation as a spooky month, and not just due to Halloween. The dreaded “October surprise” is typically a nasty political shock and the market has experienced extreme historical volThe election overhang is finally behind us, Q3 earnings season is about 90% done, and the bull market has survived its historically weakest period with nary a blemish. But even with all that noise comfortably behind us, there is a feeling now of, now what? And for many, the worry cycle has begun once again. The What-ifs are endless with a new administration looking to pivot policy and potential for unprecedented overhauls to government (DOGE- the Department of Government Efficiency) or the removal of the Fed’s independence loom in the distance. We often warn about waiting for disaster and betting on doom-and-gloom. And we caution investors about reading too deeply into geopolitical events as they are poor predictors of market directionality. atility in October’s past. But we view October through a more positive lens; we are about to enter the strongest 6-month seasonal period for equity markets. Even in election years, November and December are often very strong, typically powered by the Santa Clause rally to close out the year.
Victoria Greene Founding Partner & CIO at G Squared Private Wealth, highlights the potential of “MAG 7” stocks as safe investments and expresses optimism about utilities due to rising demand from data centers and supportive regulations.
October has garnered the reputation as a spooky month, and not just due to Halloween. The dreaded “October surprise” is typically a nasty political shock and the market has experienced extreme historical volatility in October’s past. But we view October through a more positive lens; we are about to enter the strongest 6-month seasonal period for equity markets. Even in election years, November and December are often very strong, typically powered by the Santa Clause rally to close out the year.
CNBC Worldwide Exchange – The Markets have been Resilient Despite Recent Challenges. Victoria Greene, Founding Partner & CIO at G Squared Private Wealth, describes the economic “tempest” impacting data and markets, highlighting resilience amid challenges.
