2024 Q3 Investment Market Commentary

Karl Frank reviews insights about the current state of the markets. The Q3 2024 commentary highlights market resilience amid volatility. The S&P 500 rose 5.9%, with defensive sectors like utilities leading gains. International stocks outperformed, and emerging markets were boosted by China’s stimulus. Bonds saw positive returns as Treasury yields dropped. The Fed cut rates by 0.5%, aiming for economic stability; more cuts are likely through 2025. A soft landing for the U.S. economy is expected, supported by strong GDP, moderating inflation, and robust earnings. The firm’s strategy favors core bonds, shorter-duration credit, and a balanced U.S. equity portfolio, emphasizing long-term fundamentals over election impacts.
Investment advisory services offered through A & I Financial Services LLC, registered investment advisor. Securities provided through Geneos Wealth Management Inc., member FINRA, SIPC.