July 2024 Market Brief – Through the Looking Glass

Published on July 23, 2024

It’s a full-time job staying sane in this world gone mad. Politics are polarized and evolving rapidly, the economy keeps giving mixed signals vacillating between growth and being on life support, and the markets just violently rotated out of the popular mega-cap tech trade and into the unloved small and value sectors.

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Q3 2024 Market Outlook

Published on June 25, 2024

“Look at market fluctuations as your friend rather than your enemy. Profit from folly rather than participate in it.”- Warren Buffett

There is a wise adage, if you hear hoofbeats think horses not zebras. Meaning, consider common explanations rather than search for highly improbable ones. All signals point towards the bull market continuing, but we are stuck in an unfortunate period where it feels terrible to be a human existing in the United States right now. It can be hard for investors to see the positives that are driving the rally, and we find many people still extremely skeptical of the bull market or waiting for the other shoe to drop. As we hit the halfway point in the year it has been a solid, but unequal rally. To steal from Jay-Z, I’ve got 99 problems, but the market’s not one. We are also about to hit the apex of a hotly contested presidential election and the noise level is going to rise from a dull roar to earsplitting. Each candidate promising if you elect them, it’s all rainbows and puppy dogs, but if you don’t, we face economic ruin.

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