Investment Perspectives
First Quarter 2024 Investment Commentary
During the first three months of 2024, the U.S. economy remained resilient, the labor market robust, and corporate earnings were stronger-than-anticipated. These factors contributed to broad optimism for a “soft-landing" economic scenario and supported growth in the stock market. At the same time, concerns about investor complacency are increasing, and all eyes continued to be on the Federal Reserve in anticipation of potential rate cuts in 2024.