The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average all faced downturns this past September. Particularly, both the S&P 500 and Nasdaq Composite experienced their toughest months in 2023. Now, eyes are set on the upcoming inflation data, hoping it will shed light on the economic future.
Though economic momentum has dipped and consumer strength has waned, indicators suggest the roughest patch might be behind us. While earnings forecasts are adjusting downwards, this might indicate companies adopting a more grounded outlook. Moreover, several elements that previously burdened the economy, like the Federal Reserve’s rate adjustments and labor disruptions, are anticipated to diminish in the upcoming period.
While a slower pace might mark the concluding quarter of 2023, the broader perspective remains optimistic. The core of the US economy remains robust, promising returns for investors committed to the long game.
Especially, those who are fiscally-focused investors stand a strong ground. Such Fiscal Investors emphasize on assets that offer consistent cash flows, like value stocks that yield dividends. These assets can act as a shield against market unpredictability, aiding investors in capital conservation.
The prevailing market landscape might be demanding, but those equipped with a long-term vision are likely to navigate through and come out even more resilient.