The View from 5th Avenue

The View from 5th Avenue – 26 September 2023

Nobody likes to lose the quarter, but sometimes it is unavoidable. US Equities are limping off to the sidelines as the end of Q3 is only days away now. All signs are pointing to a “Loss” particularly after the S&P500 fell to new 3mo lows today as the headwinds continue to build in the complicated macro backdrop markets are attempting to navigate. Despite breaking the losing streak for a brief respite yesterday, US indices continued their downward slide today as the macro data further contribu…

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