Morningstar: Equity market trading at a 20% discount to fair value
https://www.morningstar.com/articles/1115789/whats-next-for-the-stock-market
Stock traders almanac: October is historically a “bear market killer”
Lots of historical catalysts are arriving soon: midterm elections, the 4th quarter “Santa Rally”, the 3rd year of a presidency, and a potential end to interest rate hikes.
Is the market due for a post-election rally? History Suggests Yes:
“The pattern is hard to ignore,” Roger D. Huang wrote in a 1985 paper in the Financial Analysts Journal.