Markets & Economic Update for August 2024: Is the Fed Behind the Curve?

August 8, 2024
David Lundgren, CFA®
David Lundgren, CFA®

Each month, senior leaders of Hancock Whitney's Asset Management team discuss the latest news and events that impact markets and the economy.


This month:

The team provides updates on market volatility, inflation trends, and the earnings season news. Plus, a discussion on next steps for the Fed and the upcoming election.



August 2024 Markets and Economic Outlook Webinar

 

Key Highlights

  • A discussion about the significant uptick in volatility in the stock market.
  • A review of second quarter Mega Cap earning and outlook for stocks going forward.
  • A look at the recent disappointing employment report and inflation trends.
  • Whether the recent uptick in the unemployment rate foreshadows a recession ahead.
  • Is the Fed now behind the curve? Did they wait too long? A discussion of what the next steps might be for the Fed.
  • How the Democrat's new presidential and recently announced vice presidential candidates change the course of the election, and what are the economic policy implications? 

Don't miss the next Markets & Economic Update on Thursday, September 5th, 2024. Register today. 

 

The key to successful investing is to stay disciplined in your approach. The Hancock Whitney Asset Management team is ready to guide your portfolio to help you achieve your financial goals. Talk to a Private Banker today.

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The information, views, opinions, and positions expressed by the author(s), presenter(s), and/or presented in the article are those of the author or individual who made the statement and do not necessarily reflect the policies, views, opinions, and positions of Hancock Whitney Bank. Hancock Whitney makes no representations as to the accuracy, completeness, timeliness, suitability, or validity of any information presented.

This information is general in nature and is provided for educational purposes only. Information provided and statements made should not be relied on or interpreted as accounting, financial planning, investment, legal, or tax advice. Hancock Whitney Bank encourages you to consult a professional for advice applicable to your specific situation.

Hancock Whitney Bank offers investment products, which may include asset management accounts, as part of its Wealth Management Services. Hancock Whitney Bank is a wholly owned subsidiary of Hancock Whitney Corporation.

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