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Markets & Economic Update for September 2024: Are Lower Rates Ahead?

September 10, 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 the annual global central bankers symposium in Jackson Hole, Wyoming, insight into the Fed's shifting focus to supporting the cooling labor market, and a recap of August's market volatility. Plus, a discussion on the fast-approaching election. 



September 2024 Markets and Economic Outlook Webinar

 

Key Highlights

•    A review of this month’s headline event: the Jackson Hole annual central banker symposium focusing on Jay Powell’s very direct policy pivot indicating lower rates ahead.

•    Our analysis of the key factors driving the Fed’s policy shift.

•    An overview of the bond market this month, with an in-depth look at the positive results from the last two months after a difficult first half of the year.

•    Evaluation of the recent core PCE inflation update and expectations for upcoming employment reports.

•    Our outlook on the upcoming election, just two months away, amidst the Democratic National Convention developments, updated polling, and new dynamics in down ballot races.

•    California's new AI regulations: implications for the broader adoption of AI across the U.S.

•    A recap of August's stock market performance, from a shaky start, a rally to near new highs, but then a loss of momentum.

•    Our perspective on 3Q earnings and longer-term growth prospects.


Don't miss the next Markets & Economic Update on Tuesday, October 1. 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.

 

Talk to a Private Banker

 

Related Topics:

Wealth Management, Personal Finances, Family Finances
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