As we enter the fourth quarter of 2023 after the Fed’s interest rate suspension and a volatile September Congress, how do you expect the market to end the year? CEO and Co-Founder of Lead Advisor Wealth Management , Eddie Gabour appears on Yahoo Finance Live to discuss the potential market rally amidst the woes of inflation and recession.
“Fund flows could flow into the stock market and we could see the Santa Claus rally that many people are used to seeing,” Gabour said, adding: “We expect October to be quite volatile. But once again… I say, if possible,” he added. If we can get past this noise and get past the Fed, I think there’s a good chance the market will rise at the end of the year. ”
For more expert insights and the latest market trends, click here to watch the full episode of Yahoo Finance Live.