OCTOBER 2024
Monthly Market Musings
Our up-to-the-minute thinking on market trends.
Coming off the 50bp interest rate cut in September, the equity markets seemed to digest data that indicated both a resilient economy and inflation. While the bond market had a significant sell-off during the month, the equity markets were generally only slightly down. Marty LaPrade, CFA, details some of the underlying factors that played a role in October and shares some pre-election market thoughts, as well as a post-election outlook as we head toward the end of the year.
Marty LaPrade, CFA