The View from 5th Avenue

The View from 5th Avenue – 14 September 2023

Equities saw gains on Thursday, driven by Arm Holdings Plc's debut excitement and a better-than-expected print on retail sales. Investors decided to take the data positively even though this might continue to push the narrative of higher for longer rates. Investors are still expecting the Fed to pause this month. All indices were positive, although unlike recent sessions, the sector mix pointed to a more cautious stance. Rotation continued in favor of Energy, which saw strong support from crud…

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