Capital Market Outlook
January 2, 2024
IN THIS ISSUE
- Macro Strategy — Stock and Bond Rallies Confirm Structural Shift to Higher Long-Term Inflation Regime: Easier monetary policy should drive an ongoing shift to the beneficiaries of lower interest rates that suffered through most of 2023 when rates were rising.
- Market View — Ten Macro Questions for 2024: The answers to these questions will help dictate market direction and asset performance over the balance of the year.
- Thought of the Week — Momentum into 2024: There is significant momentum carried into the New Year as the S&P 500 bumps up against its all-time high.