Outlook publication for the first quarter 2024 detailing our investment strategies.
Mixed Signals
Spooky season was in full force this week with contradictory messages from the economy versus the stock market. The week was chock-full of news with over 40% of the S&P 500 market capitalization reporting third quarter earnings, the release of third quarter economic growth, and finally, fresh data on the Fed’s preferred measure of inflation, the Personal Consumption Expenditure Index.
First Half Fireworks
The midpoint of 2023 coincides with the celebration of the 247th anniversary of our independence. Just like the Fourth of July fireworks we will see over the next week, the capital markets have begun the year with a bang.
Fourth Quarter 2022 Market Letter: Bad News Is Good News
Read our Market Letter publication for the fourth quarter 2022 titled, Bad News Is Good News, in which George Hosfield, CFA, Peter Jones, CFA, and Joe Herrle, CFA, share our thoughts on inflation, interest rates, the energy sector and housing supply in the United States.