News
Q2 2024 Market Review & Outlook
July 12, 2024
The S&P 500 Index is up 15.3% for the year to date through June 30, 2024, thanks in large part to continued outperformance of Big Tech.
High quality bonds were relatively flat and more credit-sensitive fixed income rose modestly. The U.S. economy remains on solid footing, with continued low unemployment and easing inflation. Clearly, the capital markets are driven by inflation rates, productivity and economic growth, and valuations – and not by politics.
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