December Market Perspective and WYNTK

It’s incredible what a difference a few months can have on investors’ mentalities. The negative sentiment in October was at extreme levels as investors were certain a recession was inevitable, that inflation would spark back up, and as a result central banks would stay the course of more rate hikes.

What investors didn’t see coming was a historical rally across equity and bond markets that would develop through the month of November as the S&P 500 notched its 18^th largest monthly advance dating back to 1950. Throughout the month, equity and bond markets kept picking up steam as data points on all fronts from jobs, inflation, GDP prints, corporate earnings to central banks kept trickling in all pointing to perhaps inflation has been beat and that interest rate hikes are done, yet the economy, particularly in the U.S., is on very stable footing.

In this Month’s ‘Market Perspectives’ we unpack:

·       November Markets in Review

·       The Forgotten 493

·       The Path of the Last 2 Years in Perspective

·       4 Charts that Explain the Stock Market

·       Looking Forward: Santa Claus Rally and Beyond

Click on the attached to read the full breakdown.

With the holiday season ramping up, I’d be remised if I didn’t take a moment to say ‘Thank You’ to all who take time out of your busy lives to regularly read my commentary to stay informed on what I am seeing and what I think is important to know in financial markets. I really hope you find value in the content I regularly publish and that you feel a little more comforted especially when the journey gets rocky as it all too often does.

Regardless of what markets have in store for us as investors going into 2024 and beyond, one thing you can be sure is that you have a committed partner in your corner to help you navigate the everchanging landscape. Trust in knowing that not only am I extremely grateful, but I value that opportunity.

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Enjoy the Read. AP