The first half of 2023 is officially in the books, and what a remarkable start to the year it has been. The Nasdaq experienced its best start to the year since the early 80s, surging 32% in the first 6 months of 2023.
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September 2023
Seasonality caught up with equity markets again this year. Historically, the two weakest months of the year for equities are August and September. So far, that historical pattern has not failed to disappoint.
September 18, 2023
Markets were slightly lower through the first two weeks of September. Tech was the worst performing sector, which has led to some underperformance of the Nasdaq relative to its peers. The weakness within the Nasdaq has not been a total surprise.
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