From the desks of Stanley Katz & Lauren Madera
STAY SAFE & HAVE FUN!
We’re literally and figuratively playing that same record over again. All three major US stock market indices posted gains for the week (i.e., DJIA: +1.43%, S&P 500: +1.38%, Nasdaq: +1.12%) with the S&P 500 and DJIA closing at all-time highs! Even though Fed Chairman Powell announced no cut to the Fed Funds rate, the stock markets continued to look forward with anticipation. Friday’s employment data indicated no recession in sight with the unemployment rate still running below 4% since December 2021. For more information, click the Lord Abbett “Five Quick Points on the January FOMC Meeting” link below.
On a different topic but still “Top of Mind,” the Goldman Sachs piece discusses “2024: The Year of Elections.” Not only do we have the US election in November, but other parts of the world will be going to the polls too. Naturally, our elections seem to be attracting the most attention.
Lastly, for those that enjoy outside reading, take a look at Capital Group’s “7 book ideas for 2024.”
Below are links to a number of third-party research reports that we have read and analyzed over the past week. We hope you will find the information interesting, useful, and worthwhile.
Lord Abbett:
Goldman Sachs:
J.P. Morgan Asset Management:
Argus:
Capital Group:
Stanley Katz & Lauren Madera, Financial Advisors
ClientFirst Financial Strategies, Inc.
937-293-5500
Investing involves risk, including the possible loss of principal. The information contained herein has been prepared solely for informational purposes. Nothing contained herein should be construed as a recommendation to either buy or sell any security or economic sector, or implement any strategy discussed. Please consult with your financial advisor, accountant, and/or attorney before acting on this information. ClientFirst Financial Strategies, Inc. is a DBA of OneSeven, LLC (OneSeven). OneSeven is an investment advisor registered with the U.S. Securities and Exchange Commission (SEC). Registration with the SEC does not imply a certain level of skill or training. Securities offered through Fortune Financial Services, Inc. (Fortune), Member FINRA/SIPC. OneSeven and Fortune are separate entities. Investment Products are Not FDIC Insured, Offer No Bank Guarantee, and May Lose Value.
OneSeven and Fortune do not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third parties.