Wealth Insights
Q2 Economic & Market Insight
July 16, 2024
Stock prices and bond yields rose in the 2nd Quarter.
Stock prices and bond yields rose in the 2nd Quarter.
The first quarter of 2024 witnessed a broad-based rally across various asset classes, starting the year on a positive note.
All asset classes rallied during the 4th quarter,contributing to a strong year for markets.
As the horrific events in the Middle East continue to develop and command the world’s attention,economic issues may seem relatively unimportant. However, the Israel-Hamas conflict createsgeopolitical risks with potential global economic consequences.
Overall, asset classes were challenged in the 3rd quarter.