October 2023

On July 31st, the market was at 4,589. On Friday, it was 4,117. Today* it's actually bounced back a little bit. Whenever the market drops 10%, we seem to forget the fundamentals. Now is a good time to discuss what this in fact means.

For 71 million people, there'll be an average 3.2% increase in their Social Security benefit in 2024. On average, that'll be $50 a month. But if you are a higher earner during your working years, that could easily exceed $100.

If you're alive, if you've got a pulse, read the news, or looked at the credit card statement - you know that interest rates have come up. Long-term rates are up, short-term rates are up. This has caused all sorts of distress and it's interesting.

Last week I came back from a great vacation to Greece, and of course, I always leave with a reading list. And in that list was an interesting book called The Missing Billionaires by Victor Haghani.

The term "soft landings" has been echoing frequently in recent news. However, the irony lies in the fact that the more we hear about it, the less likely it seems we'll experience one. Today, I aim to shed light on some of the pressing market concerns and their potential implications.

  We call September storm season here at Avion. I'm going to tell you why. The September Effect For at least 100 years now, September's been the worst month of the year for the market. Since 1928, it's been down 52 times. In fact, its ratio of down years to up years is 60/40. 60% of the time you'll lose money in September. There's even a term for this. It's called the "September Effect". So, this year we had a couple of  hidden factors. Through August, we had this AI driving rally. Any stock with AI related to it really did well. There's been a bit of a pullback, and towards the end of September, it really began to sink in that the era of free money is over. Globally, stocks pulled back a little bit as a result of that realization. That could be fairly permanent. The good news…