Mark Newton Says Market Resilience Is Defying September's Bearish Reputation

Fundstrat's Mark Newton says equities are showing underlying strength despite higher oil prices, rising rates and typical seasonal pressure. Markets entered September up 12.5% and remain just 2.5% below all-time highs, even as crude surged and rates pushed toward 5%.
Newton points to the strongest profit growth in 30 years and a solid economy, arguing technical trends matter more than oil or rates alone.