That is why many analysts including JPMorgan believe that October could continue the upside rather than reverse it.
One of the main reasons is that rate cuts are no longer a distant hope. They are happening with 1 to 2 more cuts projected this year.
Corporate outlook is also improving especially in industrial, financial and tech sectors.
However the risks to watch are geopolitical escalation in the Middle East as well as inflation rearing its ugly head due to tariffs.
Earnings disappointments in Q4 could also stall momentum.
Nonetheless I invest with optimism and a long term horizon by dollar cost averaging into my favourite ETFs and let the magic of compounding happen in the long term.
@Tiger_comments @TigerStars @Tiger_SG @CaptainTiger @TigerClub
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