Market Commentary

The year 2024 delivered another extraordinary chapter for equity markets. The S&P 500 rallied, fueled by optimism around Federal Reserve rate cuts and cooling inflation, and clarity from the highly anticipated presidential election results. This marked the second consecutive year of gains exceeding 20%. However, prolonged rallies often come with heightened risks, as history reminds […]

The much-anticipated Federal Reserve rate cut has finally arrived. The Fed cut 50-basis points, ushering in a new phase for the markets. Historically, rate cuts tend to inject optimism, with certain sectors, particularly small and mid-cap stocks, often outperforming. However, the backdrop in 2024 is more complex. Persistent inflation concerns and labor market uncertainties have