We're Not Quite At A Definitive Bottom Yet

We believe there’ll be one more hike, near-term negative, notes Chris Konstantinos. He says that we’re not quite at a definitive bottom yet. He questions if there could be other rate hike before the end of the year. He talks about how the next level of support is 4200 for the SPX, and we’re prepared for further volatility into early October. He goes over how there is a lot of dry powder out there with so much sitting in the money markets instead of equity funds. He then outlines the investment outlook for the rest of 2023. Tune in to find out more about the stock market today.