FSI Sector Allocation - October 2024 Update

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Market Recap

Monday marked the final trading day of both September and the third quarter. Yesterday's market action was like a microcosm of the entire month.

The market interpreted Powell's speech at the NABE as hawkish, as he emphasized there was no urgency to cut rates quickly. However, the market soon recovered and hit new highs again. Earlier in September, we experienced an intensified selloff. Similarly ...

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