Market Strategist Kenny Polcari Warns of Heightened October Volatility and Broader Market Pullback Risks

SlateStone Wealth Chief Market Strategist Kenny Polcari has flagged growing risks for equity markets, cautioning investors to brace for a broader pullback and increased volatility through October.
Polcari points to a compounding mix of pressures, including stubbornly rising bond yields, sticky inflation expectations, volatile energy prices, and the complex reality of strong economic data forcing the Federal Reserve to maintain higher-for-longer interest rates.
As major indices contend with stretched valuations, heavy index supply pressures, and shifting macro narratives, the warning underscores the likelihood of deeper downside friction and choppy trading ahead.