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Markets & Economic Update for May 2024: Is a Longer Inflation Battle Ahead?

May 9, 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 inflation numbers, slowing job growth, the recent Fed meeting, and the mixed bag of earnings season news. Plus, a discussion on the federal debt and deficit.



May 2024 Markets and Economic Outlook Webinar

 


Key Takeaways:

  • Recent inflation reports have spooked markets. Can these above-expectation reports be attributed to seasonality or do we have a longer inflation battle ahead?
  • Is the labor market downshifting to slower jobs growth?
  • How is the bond market responding?
  • What action do we expect from the Fed in the coming months?
  • Have stocks reacted to worrisome inflation reports? Will AI dominance continue?
  • Discussion on the growing U.S. debt/deficit issues and the potential market and economic impacts. 

Don't miss our next Markets & Economic Update on June, 4th, 2024. Register today.

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