2024 3rd Quarter Investment Commentary

The S&P 500 gained 5.9% in the quarter and reached new all-time highs. Non-US markets saw a strong recovery, particularly in China. The Federal Reserve cut interest rates by 50 basis points in September to support economic growth, which boosted bond prices and led markets to anticipate further easing. The environment for equities remains favorable…

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Leonard Rickey Investment Advisors: 3rd Quarter Commentary

Market Summary Similar investment themes from the second quarter continued into the third, producing volatile trading but overall little movement in asset prices. These themes included the ongoing U.S.-China trade conflict, slowing global growth, an inverted yield curve, the lowering of interest rates by Central Banks around the world, and ongoing political uncertainties, including Brexit…

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