January In-Review 🍾
The S&P 500 extended the end of 2023’s market optimum rising 1.6% to start 2024. We’ve seen that momentum continue into February.
The S&P 500 extended the end of 2023’s market optimum rising 1.6% to start 2024. We’ve seen that momentum continue into February.
Market rally disrupted by hotter-than-expected inflation data
S&P 500 tops the 5,000 point milestone as markets remain giddy
S&P 500 hits new highs as tech and jobs overcome hawkish Fed
Strong tech optimism pushes S&P 500 to new highs after 2 years
Overall, we’re optimistic for 2024. We still expect rate cut timing volatility near-term, but more confident we’ve entered the next bull market pending a mild recession this year.
Markets open the year lower as yield declines bottom
It was a very Merry Christmas for investors in December picking up right where November left off. The S&P 500 gained another 4% to end the year and ending 2023 up 24%.