Job Market Cooling, September Historically Ripe For Investors
In our latest market update, we dive into two critical trends shaping the investment landscape. First, we examine the cooling job market - a shift from the white-hot conditions of recent years, but still showing resilience with more job openings than unemployed seekers and growth in key sectors like construction.
Then, we explore the fact that September is historically the stock market's weakest month, which often provides a buying opportunity for investors. We analyze the recent stock market decline in light of surprisingly strong GDP growth forecasts and record-high S&P 500 earnings projections for the next 12 months.