Strategist: The Federal Reserve can help US stocks break free from the "third quarter curse"

The U.S. stock market has fallen into the typical third-quarter curse, but the possibility of a rebound seems to be increasing recently, as the Federal Reserve is poised to confirm the imminent easing policy, and the seven technology giants are approaching oversold levels. Gina Martin Adams, Chief Equity Strategist at Bloomberg Industry Research, said that the third quarter is usually the worst time of the year for the stock market, but the loose cycle is famously bullish for this asset class. It is worth noting that the seven technology giants are leading the decline, marking the most severe downturn since the bull market began. She added, "That being said, a similar trend occurred around this time last year, and the stock market eventually managed to shake off the slump relatively easily. Small-cap stocks indicate the possibility of a completely different atmosphere, signaling an improvement in fundamentals." (Bloomberg)