September 2023 Financial Market Review
Oct 26, 2023
The S&P 500 took a step back in the third quarter, declining 3.2%. That still left the benchmark up 13.0% year-to-date and 21.6% over the past year.
PHOENIX - Oct. 26, 2023 - PRLog -- If you're trying to stay on top of everything that has happened in the financial market throughout the year, now is the perfect time to see the September 2023 Financial Market Review by Matt Coffina, CFA and Trajan Wealth. Trajan Wealth is dedicated to helping you make the most of your wealth by providing regular updates on their blog to keep you informed.
Key points of the review are:
- The CPI inflation rate of 3.7% is down meaningfully from a peak of more than 9% in mid-2022
- The unemployment rate of 3.8% is up modestly since the beginning of 2023 but remains close to a multi-decade low
- Higher interest rates flow through the economy with a lag, so we may see more results in the coming months.
- Stock market returns over the past year have been powered by the technology and communication services sectors
- It's important to remember that asset allocation decisions should be based on your long-term financial goals and risk tolerance
You can read more from the September 2023 Financial Market Review to stay on top of the news in the financial and investment world. You can also read about more topics at the Trajan Wealth blog and stay on top of your financial future.
About Trajan Wealth:
Trajan Wealth LLC formed in 2012, was founded by CEO Jeff Junior. Prior to his 20+ years in the financial services profession, Jeff Junior was a member of the United States Marine Corps. Jeff continues to serve his clients and employees with the utmost service, respect, and attention to detail. The firm has multiple locations in Arizona, Texas, and Utah. Trajan Wealth is expanding to the Atlanta area in the coming months.
Udayan Mitra, CFA, came to Trajan Wealth with over two decades of experience in the investment management industry. He has held positions as a proprietary trader, senior portfolio manager, Investment Director, and CIO across institutional investment management firms, pension funds, and several large, institutional-class family offices. Udayan earned a Bachelor of Science degree in Economics from the London School of Economics and an MBA in Finance from Rice University.
For more information on all the different services offered or to schedule a complimentary consultation, visit https://trajanwealth.com or call 1-800-838-3079.
Disclaimer:
*Financial advisory services offered through Trajan® Wealth L.L.C., an SEC registered investment advisor.
Photos: (Click photo to enlarge)
Source: Trajan Wealth
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