The third quarter started with renewed investor optimism but ended with a crushing reminder that the worst is yet to come. The bear market rally that started in mid-June continued through July and into August. However, further signs of sky-high inflation, necessary interest rate hikes, and increasing probability of a “hard landing” and recession in 2023 smashed all hope. Between mid-August and the end of September, the S&P 500 Index dropped almost 17% and closed out the quarter at a new bear market low of 3585.62 (over 100 points below the prior low reached in mid-June).
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Bull|Bear InsightsCy Intelligence
Cy Wins Second Consecutive FinTech Breakthrough Award For Best Robo Advisory Platform
Prestigious International Awards Program Recognizes Outstanding Financial Technology Products and Companies RED BANK, N.J., March 17, 2022 – Cy, a revolutionary financial advisor-assisted robo advisory…
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WBI hires two new sales veterans.
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WBI recognized by Informa Investment Solutions’ PSN manager database.
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WBI Rings in Valentine’s Day at NYSE, Celebrates Devotion to Dividends with New Smart Beta ETF.
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