Below, four market experts share how investors should allocate their money going forward.
The US job market blew past economists' predictions, with total nonfarm payrolls increasing by 254,000 last month — over 100,000 more jobs than expected.
Chris Zaccarelli, chief investment officer, Independent Advisor AllianceThe job market is showing signs of strengthening with the September data.
With that being said, the current environment presents many opportunities to invest in equities, according to Zaccarelli.
"Recession fears are elevated, and we think those are underpriced, underappreciated parts of the market," Zaccarelli said.
Persons:
—, we've, Liz Ann Sonders, Charles Schwab, Sonders, there'll, it's, Jeffrey Roach, Roach, Lisa Shalett, Morgan, Shalett, Chris Zaccarelli, Zaccarelli
Organizations:
Service, Federal Reserve, Investors, Fed, Morgan Stanley Wealth Management, Independent