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Monthly Market Insight- September 2023

September 13, 2023
Monthly Market Insights | September 2023

After sliding for much of the month on rising yields, credit downgrades, and China news, stocks staged a late-month rally to help trim losses.

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U.S. Markets

The Dow Jones Industrial Average lost…

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What Investors May Be Talking About in September

All eyes are expected to shift to the Fed’s two-day meeting, which concludes on September 20. Since the Fed’s July 2023 meeting, when the federal funds rate was hiked by a quarter percentage point, inflation reports have shown…

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World Markets, Indicators, and The Fed

August weakness was more pronounced in overseas markets as investors grappled with persistent inflation in Europe, the prospect of another rate hike by the European Central Bank, and deepening economic woes in China. For August, the MSCI-EAFE Index fell…

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Indicators

GDP growth in the second quarter was revised downward, from its initial annualized growth estimate of 2.4 percent to 2.1 percent. Hiring moderated in July as nonfarm payrolls increased by 187,000. The increase was below the…

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The Fed

The minutes from the July meeting of the Federal Open Market Committee showed that most members voiced some risks in raising interest rates…

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By the Numbers: National Preparedness Month

September is National Preparedness Month. Following the havoc wreaked by Hurricane Idalia and the wildfires in Maui, this observance is more important than ever.

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