Click here to read the full Edge Capital 2024 Q1 Outlook.
Which Way?
After a quarter in which we saw a major turnaround in both equities and bonds, markets are set up for a continued rally in the year’s first quarter. Or are they? The Federal Reserve took a very dovish tone towards interest rates at their December meeting fueling the second leg of the rally which began at the end of October. But is the market pricing in too much Fed benevolence? And if rates are cut as much as the market is betting on, can corporations meet their earnings projections? The start of 2024 could be a volatile one as markets try to determine which path to follow.
If you have questions do not hesitate to reach out to your Edge advisor.
