Global markets face inflation and uncertainty. Veteran investor Thomas Russo suggests true company survivors possess a ‘capacity to suffer’. These businesses reinvest for future growth, even if it means sacrificing immediate profits. Investors must also develop this resilience, holding quality companies through market volatility. Identifying such resilient businesses is key for long-term wealth creation.
Nasdaq rises 1%, Dow, S&P close higher as weak jobs data tempers rate hike bets
U.S. stocks finished higher following a weaker-than-expected jobs report which eased rate hike expectations. Nonfarm payrolls rose by only 29,000, significantly below economists’ forecasts of
October 2, 2026