A Market Shakeup Is Brewing—Here’s What You Need to Know

Welcome to this month's second market insights note!

Equity markets are likely in for a bumpy couple of months due to surprise economic data and a potential loss in momentum from major tech giants. Major tech companies have been conducting layoffs, and S&P 500 giants have pulled back recently even after reporting strong earnings results last quarter.

September will likely be the focal point of this year, as the Fed is poised to decide about rates following gloomy labor market data and lackluster improvement in inflation. As US elections approach and geopolitical tensions soar, equities will likely be extremely volatile, but there are a handful of winning sectors that could trounce the broader market in the coming months.

Read more to see more about our views on the economic outlook and key developments in equity markets.