Investment & Market Strategy
iCapital Market Pulse: A Bumpy Start to October but More Positives Ahead
The remainder of October could still be a bumpy one for the markets. Looking forward, however, we observe several potential positive catalysts, including rate relief that should be starting to filter through the economy. We think investors can benefit by maintaining an allocation in financials and real estate and focusing on income producing assets, all likely to gain in a more favorable interest rate environment. Also, despite semiconductors being down in the third quarter, we think there is still a strong need for continued AI investment, which should benefit the industry.
