The View from 5th Avenue

The View from 5th Avenue – 11 October 2023

Don’t look now, but the US market is on a 4-day winning streak and yes, that includes each of the ‘Big 3.’ Despite a rather unenthusiastic mood for stocks, October has found its footing, even if it remains tenuous. With earnings set to kick off on Friday (we get a dribbling tomorrow), we’ll soon find out if this newborn confidence is justified. For now, at least things have been going the market’s way. After a mild move higher on Monday, the dollar continued its downward trend. Crude and it’s o…

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