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JGP Blog


Market Rally and Swoon: September Market Commentary Thumbnail

Market Rally and Swoon: September Market Commentary

Second quarter earnings on the S&P 500 were record-breaking, representing a 9.9% year-over-year increase. Third quarter earnings growth is expected to slow but remain 4.3% higher than 3Q 2021. Despite earnings strength, rising interest rates, geopolitical uncertainty, and recession talk have tested markets and investor patience.

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