Weekly Client Letter – October 14, 2024

Whereas the first half of the year’s market performance was narrowly dominated by the S&P 500, since the end of the second quarter, a broader-based performance has taken hold with smaller stocks outperforming the S&P 500 so far.

This is why we maintain a diversified portfolio and don’t want to chase historical performance; we continue to maintain our disciplined process of risk management.

Rally in the Remainder

Weekly Client Letter - October 14, 2024
Source: Bloomberg, Redwood. Data as of 10/7/2024. Date Range from 1/1/2024 – 10/7/2024
  • We believe the preservation of capital is key to consistent, long-term investment success.
  • Our investment approach is grounded in economic theory and backed by quantitative analysis.
  • Managing drawdown risk is a pillar from which we build our portfolios.

60-Second Breakdown: October 14, 2024

Redwood Senior Analyst Michael C. Sasaki, CFA® discusses recent market performance and explains this week’s chart.

Market Summary

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