Citadel's Rubner expects improved stock market conditions in October
Citadel Securities' Scott Rubner expects equity market conditions to improve in October, citing the end of quarter-end selling and the start of historically favorable midterm-election seasonality. He notes that investor positioning remains low and sentiment negative. Additional support is anticipated from corporate buybacks returning around October 13, easing tax-loss selling, and renewed retail inflows. Rubner adds that October and November typically see some of the strongest corporate demand for stocks.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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