EPISODE · Oct 4, 2023 · 15 MIN
Money in the Market: Will markets take a nosedive this month with the October Effect in play?
from The Afternoon Update with Lynlee Foo · host MONEY FM 89.3
October is one of the scariest months for the stock market. The October effect is the perception that stock markets decline during this month. So seeing how this week has kicked off, will we see another month of losses? Or will markets U-turn and surprise investors to the upside? On Money in the Market, Hongbin Jeong speaks to Danish Lim, Market Analyst, Phillip Nova, to find out what spooky things are in store this month. Highlights: 01:44 - How are markets looking so far in October? 10:03 - How is the current movement in Treasuries affecting equity markets?11:33 - Will this be another month of sell-offs? Or can we see a rebound?12:31 - Could Asian markets see a better month? 14:09 - Will the October Effect go into play and will markets take a nosedive?See omnystudio.com/listener for privacy information.
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Money in the Market: Will markets take a nosedive this month with the October Effect in play?
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