The Market in Five Charts: September 2022
September 7, 2022 - "A surprising summer rally has come to an end and optimism is tempered for the coming months as the markets are in a seasonally weak place right now," says Chief Investment Officer Rick Pitcairn. “Unfortunately, we don't see any catalysts that are going to change that. We think that markets don't have a whole lot of drivers to go in an upward direction because of weak macro factors, like consumer confidence.”
With rising interest rates and ongoing geopolitical risk, Pitcairn believes it is as important as ever to maintain a diversified portfolio and stick to a disciplined strategy to be a successful long-term investor.