Recovery Mode
October 1, 2024
While the Carolinas work toward recovering from Helene’s devastating effects, our investment team continues to monitor the markets. Walter shares an economic update in this month’s “First Week” video.
In this month’s video:
Global Shifts: How is the market reacting to reports of Iranian retaliation against Israel? Walter also discusses China’s stimulus package and how it may impact global growth.
Congressional Elections: The potential of a congressional flip (Republican Senate, Democratic House) could be beneficial to markets, regardless of who wins the presidency.
Rate Cuts and Upcoming Reports: The Fed has hinted at 25-point cuts in November and December, but upcoming job reports and earnings could impact the Fed’s decision.
Greenwood Capital is an SEC-registered investment advisory firm. This material has been prepared for information purposes only, is not intended to provide, and should not be relied on solely for tax, legal, or accounting advice. Subtitles are automatically generated.
