Latest Market & Economic Commentary

Sept 25, 2024

As we move through September, the S&P 500 continues to reach new highs, reflecting the resilience of key sectors. Supply chain improvement and AI’s growing role in boosting corporate profit margins are supporting long-term earnings growth.

The Fed cut interest rates last week in an effort to maintain economic stability amidst receding inflation. While lower rates and strong earnings are positive developments, it’s essential to remain mindful of the underlying economic dynamics that could impact short-term movements.

We are in the heart of election season. It appears to be a close election, and it is possible market pundits and speculators make forecasts about what investments will do well, and others do poorly. The truth is they don’t know; no one knows. That is why it’s important to have a thoughtful investment strategy that can weather the uncertainties and storms of the market.

Your financial well-being is always our top priority. If you have any questions or concerns about the market, economy, or what the media is saying, let’s talk about it. That’s what we are here for!

– KJ&J Wealth