This video presentation includes updates on current trends and news related to the third quarter of 2023.

Jitters returned in February, largely due to concerns over inflation and the resulting impact on interest rates. February’s selloff was triggered by the release of January’s largely stronger-than-expected economic indicators.

The most recent quarter (September-end) witnessed losses across asset classes and, therefore, client accounts. In our previous quarterly newsletter (June-end), we wrote that “there was no place to hide”, which, unfortunately, succinctly summed up the latest quarterly experience as well.