September 2024 Recap
Economic Highlights In the month of September, the U.S. economy showed signs of stability and moderate growth despite some softer employment trends. The Personal Consumption Expenditure (PCE) price index, a key measure of inflation, rose by 2.2% year-over-year in August, down from 2.5% in July, indicating that inflation is moving closer to the Federal Reserve’s […]
Fed Rate Cuts and Solid Earnings Overcome Rising Economic Anxiety
By John Lau October 1, 2024 – Markets were volatile in the third quarter as investors faced political turmoil and a slowing of the economy, but the return of Fed rate cuts and solid corporate earnings helped to offset those political and economic anxieties, and the S&P 500 hit another new all-time high and finished […]
Small Cap Q3 2024 Commentary
5-year goal in focus! As we approach our five-year anniversary, we’re pleased to report that our goal of achieving an annualized return of around 15% (net of fees) over this period seems within reach, barring any significant market disruptions in Q4. We’re proud to be on track for these returns, especially given the challenges we’ve […]