Welcome to the FIA News & Insights, a one-stop resource that includes insights from senior investment professionals on timely market events, their views on the economy and their respective markets. Find updates on the latest media information on Frost Investment Advisors, LLC and the most recent reprints, as well as, archival information for your reference.
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Through the Smoke, Rain, and Some Tailwinds…
It’s probably not a surprise in the midst of a crazy year, but a good number of distractions this past week led up to the September midpoint. Since 1980, this has usually been one of those periods during which the major index returns backtrack a bit, with the S&P 500’s return averaging a -0.70 percent for the month. And while October is usually one of the more volatile market periods, investors generally count on the final quarter to close out the year on a positive note. Although it’s still too early to see what the market has in store for us through the balance of 2020, investors have felt this month’s downside action hit close to home.
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