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October Investment Summary
“Buying the dip” remains the correct strategy as markets rebounded sharply from the September selloff. The S&P 500 rose 7%, while the Nasdaq was up nearly 8%! There was no single reason for the rally.
September Investment Summary
All good things come to an end. The seven-month winning streak for stocks was stopped abruptly in September as the S&P 500 fell just over 4% for the month and the Nasdaq nearly 5%.
August Investment Summary
August was another strong month for developed equity markets. It was in fact the seventh consecutive positive month for the S&P 500 index, up nearly 4% in pound sterling terms for the month.