The article discusses the uncertain state of the market and the concerns weighing on investors, such as the strength of the economy, Federal Reserve plans, and corporate earnings. Despite these uncertainties, the article argues that now is a good time to buy stocks. The article cites several reasons for optimism, including the recent tough period for stock investors in September, which could lead to a bounceback effect. The article also highlights the upcoming third-quarter earnings season, where analysts expect a modest increase in S&P 500 earnings per share. Additionally, the article suggests that the concerns in the market have created a new wall of worry for stocks to climb, which shouldn’t be insurmountable. The article concludes by noting that stocks are entering a historically strong time of the year and that the path of least resistance appears to be up and to the right.
In summary, the article acknowledges the uncertainties in the market but argues that this is a favorable time to buy stocks. It points out the recent tough period in September and the potential for a bounceback effect. The upcoming third-quarter earnings season is also seen as a catalyst for positive stock performance. Furthermore, the article suggests that the concerns in the market have created a wall of worry that stocks can overcome. Finally, the article highlights the historically strong performance of stocks during the final months of the year. Overall, the article presents a positive outlook for the market and advises investors to consider buying stocks.
