Spring 2024 - Quarterly Commentary
April 15, 2024
Stocks powered ahead in the first quarter, adding to strong fourth quarter gains. Continued enthusiasm for all things artificial intelligence (AI), along with US economic resilience and expectations for eventual rate cuts by the Federal Reserve, provided an attractive platform for equity market investors. An economic soft landing, deemed a far-fetched hope early in 2023, became the consensus call in the first quarter of 2024, as the fears of a Fed-induced recession faded.
Important Disclosure
Contact Us
Oops! Something went wrong while submitting the form.
- or -
Book a Call With Us Today
Founded in 1984, Pinnacle Associates, Ltd. is a forward thinking, multi-billion dollar investment advisory firm focused on transparency and putting clients first. We provide advice to individuals and families, institutional investors and other financial institutions.
