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Weekly Headings

October 13, 2023

Hello Intentional Community,

 

Another eventful week draws to a close.  After a week of political volatility in the House, this week ushered in renewed violence in the Middle East.

We pray for all of the lives impacted by this violence.

The reaction to the violence began predictably with a flight to safety (10 Year Treasury) as well as increase oil prices in anticipation of chain supply disruption.  

However, the market was fairly resilient and rebounded to normalcy highlighted by better than expected earnings from banks this AM.

We still believe a threat of recession is higher than currently priced into the market. 

Read the thoughts of Raymond James Chief Investment Officer by clicking below...

 

Your friends at Intentional

 
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