The month turned out to be some sort of a rollercoaster. Mixed earnings reports and a renewed focus on inflation, caused a volatile week in which indexes were trading off its highs. With valuations at sky high levels, there is increased focus on whether companies are able to meet the growth forecasts. All eyes on next week’s FED meeting, where the FED may decide on a rate cut. Obviously, next week’s US presidential election is also taking a firm grip on markets. With no clear favourite, with just a matter of days to go, it is promising to become an interesting week next week. That is also why market volatility is on the rise again and may continue to rise as uncertainty has increased. With just 2 months to go until the end of the year, investors will likely have to reposition themselves as the environment can change swiftly.

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