October 1 provided a litmus test for appetite in the face of uncertainty. Even as the government faltered, investors leaned into sectors with secular tailwinds and de-risked where possible. The message: growth, especially tech and healthcare, still commands conviction — but survival may hinge on balance. Many portfolios gravitated toward names with pricing power, strong […]
Category: Bonds
Markets dig in: stocks rise even as shutdown looms
Despite the uncertainty unleashed by the government shutdown, U.S. equity markets displayed surprising resilience. On October 1, the Dow rose about 0.09%, the S&P 500 added 0.34%, and the Nasdaq gained 0.42%, pushing indices into fresh record highs even while macro and political risks mounted. The rally was powered largely by strength in healthcare, chip […]