Rearview to Windshield, July 2024

June ‘24 Market Recap – Let the Good Times Roll: The S&P 500 had its 32nd all-time high this year during the month – ending June slightly off the potential for a 33rd. That is 32 all-time highs out of 125 trading days or 1 ATH every 4 trading days. This year has...

The Market in Pictures, June 28

Our team looks at a lot of research throughout each day. A few charts that caught our eye this week, and the way they fit the unfolding puzzle of evidence: Brian: The story of US economic strength has been the growing wealth of the consumer   Source: Aptus via...

Bonds Still Facing Headwinds

Higher Neutral Rate Could Lead to Structurally Higher Interest Rates   The graphic below shows pricing for forward contracts referencing the five-year interest rate in five years. This gives a proxy for the market’s view of where US rates might end up.  ...

Who is Going to Pay You?

As we move into the second half of 2024, the outlook appears relatively positive. As we highlighted in last month’s 3 Pointers, when index returns were historically strong the first few months of the year, the remainder of the year also tends to perform well. Economic...

The Market in Pictures, June 21

Our team looks at a lot of research throughout each day. A few charts that caught our eye this week, and the way they fit the unfolding puzzle of evidence: Dave: Bigger stocks have been rewarded with higher valuations     Brad: and the dominance of the...