Since the recent aggressive rate cut by the US Federal Reserve (Fed), the CAC 40, like other global stock market indices, has rebounded sharply. This monetary policy decision was aimed at reviving an economy weakened by persistent inflationary pressures and slowing growth, particularly in the United States. In response, the markets welcomed the easing of monetary policy, driving up the main indices, including the CAC 40, which rallied after a period of uncertainty.
However, despite this renewed optimism, a shadow hangs over the month of September, traditionally regarded as a difficult period for financial markets. Stock market history shows that this month has often been synonymous with mixed performances and even significant losses. Nevertheless, the crucial question remains: what can we expect in October?
According to the analysis of John Plassard, investment specialist at Mirabaud, market developments in October will depend on several crucial factors. Firstly, the impact of Fed decisions will continue to be closely scrutinized, particularly expectations of further rate cuts or other adjustments to US monetary policy. In addition, economic data such as employment figures and inflation indicators will play a key role in investor sentiment. It is also essential to take into account geopolitical tensions, such as trade conflicts or uncertainties linked to the situation in Europe, which could influence market behavior.
John Plassard points out that while October is often marked by episodes of heightened volatility, it could also offer interesting opportunities for investors capable of navigating this uncertain environment. The specialist reiterates the importance of a long-term investment strategy, stressing that short-term fluctuations must not distract attention from economic fundamentals and corporate growth prospects.
This analysis was discussed on the September 27, 2024 Ecorama program, presented by David Jacquot on Boursorama.com, a platform that continues to provide relevant insights and clear perspectives on market developments and the global economy.
