Market Drama

Featuring Zoe CEO & Founder, Andres Garcia-Amaya, CFA

September 25, 2023 
Watch Time: 2 minutes

Welcome to this week’s Market Drama!

  • The Stock Market:
    • The S&P 500 was down 2.9%.
    • Nasdaq was down 3.6% for the week. 
      • The Federal Reserve released the September statement along with the dot plot. 
        • Interest rates will probably be raised up further in the near future.
        • Last Thursday was the worst one-day loss in six months. 

What to look for in this upcoming week?

  • August Core PCE data. 
    • We expect this number to keep coming down. 

Stay tuned for next week. 

– Andres

Disclosure: This page is not investment advice and should not be relied on for such advice or as a substitute for consultation with professional accounting, tax, legal or financial advisors. The observations of industry trends should not be read as recommendations for stocks or sectors.

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