Outlook

The 2024 election cycle has the potential to be extremely decisive, with geopolitical tensions remaining elevated, and as we witness both growing polarization and continued economic uncertainty.

As inflation reaches fresh '24 highs, rates are expected to continue their upward trend, making it a challenging environment for investors.

Markets were quiet Monday but opened lower Tuesday in response to the January inflation report that showed higher-than-expected consumer prices.

As we look back at our best and worst calls of 2022, it's clear that we got more correct than not. However, I wish we were more emphatic about some of them.

The housing rebound is expected to support the economy this year, with the sector likely to experience modest growth in residential investment.

The stock market experienced solid gains last week, concluding the trading week on a positive note, thanks to robust corporate reports and favorable inflation news.

Get the latest market insights and analysis with our market snapshot, covering US equities, global markets, and more.

At the beginning of the week, stocks surged, anticipating fourth-quarter corporate updates from tech companies and the Federal Reserve's two-day policy meeting; this led to the S&P 500 Index reaching a new record high on Monday.

Powell reiterated that he doesn't think the Fed will cut rates at its March meeting, signaling that mid-year would likely be a better time to introduce a cut, citing the need for more data to illustrate that recent gains in controlling inflation aren't transitory.

The IRS has announced new income tax brackets for 2024, with changes that could save households with stagnant income a lower tax bill.

The expansion marks the first month of growth in nine, with business confidence being a key driver, propelling the positive change as retailers briskly increased inventories in anticipation of improved future performance.

The overarching outlook for fixed income in 2024 is centered on rate cuts, but we still haven't solved the timing and magnitude questions, which will continue to create an elevated volatility quotient for Treasuries until some clarity comes into the picture.