Month in Review – October 2023

October Highlights

• Equities struggled for the third consecutive month, as upward pressure on interest rates and geopolitical issues produced a headwind.
   
• Fixed income indices generally declined slightly, as the yields on the two-year remained relatively stable while that on the ten-year U.S Treasury rose.
   
• Significant headlines for the month included potential future interest rate moves by the Federal Reserve; the UAW strike; war in the Middle East; and wrangling in regard to the Speaker of the House.

Country Club Trust Company (CCTC) is a division of Country Club Bank.

Some information provided above may be obtained from outside sources believed to be reliable, but no representation is made as to its accuracy or completeness. This document is intended for discussion purposes only and should not be considered a recommendation. Please note that investments involve risk, and that past performance does not guarantee future results.

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