Market Letter Third Quarter 2024

We’ve Landed

We present the third quarter 2024 Market Letter publication titled, “We’ve Landed,” in which Chief Investment Officer George Hosfield, CFA, outlines how the U.S. economy achieved a rare soft landing. Dean Dordevic expands further by exploring how the U.S. economy defied the expectations of a recession and maintained a healthy growth rate. Lastly, Joe Herrle, CFA, analyzes the reasons why the office real estate sector does not appear to be a systemic risk for the U.S. financial system, despite facing some distress from higher interest rates and work-from-home trends.