October 2022 Economic and Market Highlights
November 2, 2023

October 2022 Economic and Market Highlights

The CPC Team
  • Equity markets roared back in October, snapping a two-month losing streak, amid a mixed third-quarter earnings season.
  • Inflation remained stubbornly hot, with Federal Reserve expected to raise interest rates by another 0.75% in November.
  • A positive third quarter GDP print along with relatively stable jobless claims suggest a resilient economy.
  • Attention will be on the Federal Reserve meeting, as investors look for any clue of a cooling jobs market that indicate a pause on interest rate increases.

Ready to begin?
Contact us