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October 2023 Market Outlook

As we move into November and December, the strongest seasonal period for the equity market is upon us. October is known for its higher-than-average volatility, but more importantly, it is the month of important bottoms. We are buyers of this market. The risk to the rally? Higher oil prices. Unless events in the Middle East escalate and cause oil prices to rise sharply, the market is positioned to rally.

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