Monthly ArchivesOctober 2021

September 2021 image

Dear Clients and Friends, September was the first month in a long time that markets experienced a reasonable pullback as the S&P retreated over 4.5%. It's been so long that most people seemed to forget that this is not an unusual occurrence. The reasons for this could have been the debt ceiling concerns, China Evergrande contagion, rising interest rates which could negatively impact valuations or a combination of all of the above. The update below will likely read like others over the past year and I fear I'm starting to sound like a broken record with respect to inflation and market valuations. But alas, I shall continue until something changes! Markets Bank of America's clients as a % of ...

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