August 2024 Market Update & Economic Outlook

In this month’s Market Update and Economic Outlook, Derek Varner, CFA, and Ryan Ohlson, MBA, provide an update on the recent uptick in market volatility since early August 2024. They discuss the potential for a U.S. recession, highlighting economic indicators such as employment data, household finances, and corporate earnings.

The conversation also delves into diversification strategies, market rotation, and the Federal Reserve’s interest rate policies. Additionally, it covers sectors like small-cap stocks, credit card companies, and utilities, touching on the earnings season and the role of artificial intelligence. It concludes with advice on navigating investment decisions amid the upcoming presidential election.