May 2, 2024

Market Outlook Spring 2024

HOWE & RUSLING MACROECONOMIC COMMITTEE

In our Winter 2024 outlook, we wrote about what we thought would be the most important factors that would impact investments in 2024, including: (1) Will inflation continue to fall as expected towards the Fed’s 2% target? (2) Will there be a recession?

In January, a large majority of investors believed that the Fed would successfully bring inflation down from a very high level to near its 2% target by the end of 2024 while avoiding a recession. In this update, we analyze recent inflation and economic data and provide our opinions as to how it changes the outlook.

Download our Spring Market Outlook

Macroeconomic Committee

Our Macroeconomic Committee meets monthly to review economic indicators with the purpose of adjusting client portfolio allocations to reflect current and anticipated economic cycles.