The third quarter of 2024 brought outstanding returns for financial markets. CEO and Chief Wealth Officer Dougal Williams recaps performance and other highlights including The Fed’s rate decision, Nvidia’s record earnings, and hype around the U.S. presidential election.
Quarterly Market Update: A Review of the Second Quarter of 2024
At the mid-point of 2024, the year has been an excellent one for investors. Despite setbacks in April, the S&P 500 has returned over 15% in the first two quarters. In our quarterly market review video, Vista’s Director of Investments Alex Canellopoulos, CFA, CFP® shares highlights and observations about the year so far, including the role of international stocks in Vista’s portfolios.
Quarterly Market Update: A Review of the First Quarter of 2024
2024 began with signs of cautious optimism: markets hit record levels, yet those same all-time highs became cause for concern. Other market observers suggest it’s today’s higher interest rates that spell doom for stock markets. In this recap video, we share highlights and takeaways from the first quarter of 2024.
Quarterly Market Update: 2023 Year in Review
2023 was a remarkable year to be an investor.
The year began with headline recession warnings on the heels of double-digit declines in the U.S. stock and bond markets. Through October, diversified investors had very little to show for their discipline, yet markets rallied sharply to finish near all-time highs by the end of the year.
We invite you to watch this 6-minute review of 2023.
Video: Groundhog Day and the January Barometer
Early on the morning of February 2, about forty thousand revelers gathered at Gobbler’s Knob, awaiting the emergence of arguably the country’s most famous forecaster: Punxsutawney Phil, the groundhog.
According to legend, if Phil sees his shadow, the U.S. is in for six more weeks of winter weather. If Phil doesn’t see his shadow, we can expect an early spring.
That same morning, just a few hours’ drive east of Punxsutawney, a far less festive group of forecasters assembled. They performed a similar analysis, but instead of Phil’s shadow, evaluated something known as the “January Barometer.” It states the performance of the S&P 500 Index in the month of January predicts the market’s direction for the entire year.
Vista’s Chief Wealth Officer, Dougal Williams, shares how the “January Barometer” might impact the market in coming months.