BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Stock Market Slides on Valuation Concerns Amid Fed Caution
Stock Market Slides on Valuation Concerns Amid Fed Caution
21
1
BTCCSquare news:
SPY and QQQ extended losses for a second consecutive session as Federal Reserve official Goolsbee tempered expectations for aggressive rate cuts. The Buffett Indicator—measuring total market cap against GDP—flashed warning signs at record highs of 216.8% for public equities and 328.7% including private companies.
Historical patterns suggest potential resilience. When the S&P 500 notches a September record high, October sees positive returns 63.6% of the time according to Carson Group data. The fourth quarter has rallied 90.9% of instances under these conditions, averaging 4.7% gains. Bank of America echoes this optimism, branding Q4 as the market's "most wonderful time of the year".
By:
