Simon discusses how October is historically the most turbulent month and this year so far has been no different. The average stock in the major stock market averages has already corrected at least 10% from the highs and divergent performance between market sectors continues to be the norm. Simon discusses how a recent move higher in interest rates could be at least one catalyst for growth stocks stalling. He looks at the historical relationship between growth stocks and interest rates and how to think about positioning going forward. Simon also makes the case for Amazon (AMZN) and Constellation (STZ) as being fairly valued with strong growth prospects.