It seemed like nothing could stop the 2023 market rally. Then the third quarter arrived. TINA TARA, TAPAS and TIARA

 S&P 500 is clinging to a 12% advance for the year



A prolonged period of elevated rates could upend the investing strategies that prevailed during years of rock-bottom rates after the global financial crisis, when investors saw few options for returns outside the stock market.

Now the central bank’s rate increases have seeded a world of yield, giving investors opportunities to earn meaningful returns with little potential downside. 

The S&P 500 is on track to drop 3.4% for the quarter.  

The Dow Jones Industrial Average has declined 2.2%, or about 741 points, while the tech-heavy Nasdaq Composite has tumbled 4.3%.

WSJ 29 September 2023

https://www.wsj.com/finance/stocks/the-2023-stock-market-rally-sputters-in-new-world-of-yield-63134c7f


TINA vs. TARA, TAPAS and TIARA

https://englundmacro.blogspot.com/2023/03/tina-vs-tara-tapas-and-tiara.html


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