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Two reasons why the selling in the Nasdaq could snowball

Earlier, I wrote about positive seasonal factors in Q4 helping US equities. Here's the other argument, which I think is more compelling.1) Put yourself in the shoes of a fund managerThe Nasdaq Composite is up 24.7% year-to-date and the S&P 500 is up 11%. If you're matched or even come near that performance this year, then give yourself a pat on the back. Even if you're only gained 8% in your fund this year after fees, that's highly likely to be enough to keep people from calling in redemptions... Read More

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Posted: Sep 26 2023, 19:06

Author Name: forexlive

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