Despite a downbeat month for stocks and mounting macroeconomic uncertainty, several Club names outperformed the market in October — and landed in the green. While the S & P 500 had its third consecutive down month — weighed down in part by soaring yields on government bonds and a mixed start to third-quarter earnings season — we held our conviction on certain names and put cash to work as our discipline mandates. Indeed, we made four small buys last week amid an oversold market.
Traders work on the floor at the New York Stock Exchange in New York City, U.S., October 26, 2023.Despite a downbeat month for stocks and mounting macroeconomic uncertainty, several Club names outperformed the market in October — and landed in the green.
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