Third Quarter 2024: The Eagle Just Might Be Landing The third quarter’s mixed economic news and the Fed’s first rate cut in four years brought, paradoxically, both the return of market volatility and new stock market highs. Despite two modest drawdowns in the quarter, the S&P 500 is up 22% this year, the best first … Continue reading Third Quarter 2024 Market Snapshot
Second Quarter 2024: Artificial Intelligence or Artificial Highs? The second quarter of 2024 capped a strong first half of the year, with the artificial intelligence (“AI”) frenzy propelling stocks to gains despite a backdrop of tempered expectations for Federal Reserve interest-rate cuts. The S&P 500 climbed over 4% in the quarter and 15% in the … Continue reading Second Quarter 2024 Market Snapshot
First Quarter 2024: Fresh Highs Just in Time for Spring The first quarter of 2024 saw new highs in global stock markets, despite the backdrop of higher-for-longer interest rates. Initially fueled by expectations of aggressive rate cuts this year, investors saw robust gains in the US stock market, as economic data continued to surprise on … Continue reading First Quarter 2024 Market Snapshot
Download our 2024 Capital Market Assumptions Report. Sellwood’s 2024 Capital Market Assumptions represent our best current thinking about future returns. They are the essential building blocks of the asset allocation work we perform for clients. Our 2024 return and risk assumptions are presented below: We update our capital market assumptions annually. This year, we reduced … Continue reading 2024 Capital Market Assumptions
In the 1960 film, “The Magnificent Seven,” an undersized group of seven gunfighters gallantly fought to liberate a small village from a gang of marauding bandits. As the movie’s advertising poster proclaimed, “they fought like seven hundred.” Today, a different Magnificent Seven are setting investment box office records, although this time the seven are world-changing technology … Continue reading The Magnificent Seven and Equity Market Concentration