Peak Wealth Management
3Q 2024 Market Update: Rate Cuts, Volatility, and What’s Next
As we wrap up Q3, there’s a lot to digest. The Fed made its first interest rate cut in over a year, signaling a shift in focus from curbing inflation to supporting the labor market. Meanwhile, despite some market turbulence, the S&P 500 posted another quarterly gain, and bonds rallied as investors anticipated more rate cuts ahead.
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