Market Update September 2023

06.10.2023 –

September lived up to its reputation as a volatile month in the stock market, presenting us with a range of challenges. In our latest market update for the end of September 2023, we analyze several factors that contributed to a decline in equity markets.

This decline was notably influenced by significantly higher oil prices and an unexpectedly robust surge in yields on 10-year US Treasuries.

Central banks caught the market off guard with their mid-September decisions, leading to the prevailing expectation of interest rates remaining at these elevated levels for an extended period.

As we approach the final quarter of 2023, we maintain a cautious yet optimistic stance. We anticipate a potential recovery and attractive entry opportunities, particularly within the value sector.

Click here to watch our CEO, Steffen Bauke’s market update for September 2023 on YouTube.


Back to News