September's Market Puzzle: Inflation, Recession, and Energy's Surging"

September 10th 2023 Update

The market performance in September is the weakest by historical averages. Next week we’ll have the CPI data for August which is expected to be in line with the one from July.

Looking at the chart, we are still in a sideways market, waiting for more clarity on the future of inflation and the probabilities of a recession.