Monthly Market Monologue - November 2023

Monthly Market Monologue - November 2023

November 03, 2023

In this month's episode, we review the impact that The Magnificent 7 have had on the S&P 500's return. The reality is that the vast majority of stocks are negative for the year. This is NOT a bull market.

However, based on how November has started, it is certainly possible that the correction that we've been witnessing these last couple of months is now over. It is way too early to know for certain, but it is possible.

As for the economy, the majority of economists are still predicting a recession. From what we see, we see strong economic data.

#DontPredictPrepare #stockmarket #bearmarket #bullmarket #economicupdate #economy #recession #magnificent7 #sp500 #charlesschwab

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