Weekly Market Commentary

10/3/22 MARKETS ON WATCH AS XI JINPING’S INFLUENCE TO BE TESTED IN OCTOBER

Quincy Krosby, Ph.D., Chief Global Strategist, LPL Financial 

On October 16, China will begin its 20th National Congress of the Chinese Communist Party in Beijing. This plenum is especially significant because it is expected that President Xi Jinping will be granted an unprecedented third term, something that he set in motion in 2018 when term limits were abolished.