Markets rose last month, continuing November’s rally as interest rates pulled back even more on expectations of Fed rate cuts in 2024. Markets in the U.S. were up by mid-single digits, finishing a solid quarter and a very strong year. International markets were also up substantially for the month, quarter, and year. And while stocks were hot, even fixed income posted enough gains to close out the year in the black. 2023 ended with a bang.
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Market Thoughts for January 2024 [Video]
Markets around the world were up from 3 percent to 6 percent last month and up by double digits across the board for the year. The lack of a recession drove these positive results, with job growth and consumer confidence remaining healthy.
Economic Release Snapshot: A Busy Start to the Year
Each week, we break down the latest U.S. economic reports, including what the results mean for the overall health of the economy. Here, you will find how economists’ forecasts compare with actual results, key takeaways to consider, as well as a list of what’s on tap for the week ahead.
Economic Release Snapshot: Consumer Confidence on the Upswing
Each week, we break down the latest U.S. economic reports, including what the results mean for the overall health of the economy. Here, you will find how economists’ forecasts compare with actual results, key takeaways to consider, as well as a list of what’s on tap for the week ahead.
What’s the Outlook for the 60/40 Portfolio?
Is it time to start thinking differently about asset allocation, or does the 60/40 portfolio still make sense? That was the question for members of our Investment Management and Research team—and the topic made for some lively discussion.
Watch the video below to hear what the team thinks about this longstanding investment strategy. And if you’re looking for a broader economic and market view, click on 2024 Outlook in the sidebar to your right.
Monthly Market Risk Update: December 2023 [SlideShare]
Equity markets rebounded in November, with all three major U.S. indices up for the month. The S&P 500 gained 9.13 percent, while the Dow Jones Industrial Average was up 9.15 percent in November. The Nasdaq Composite led the way, with the technology-heavy index rising 10.83 percent. Falling interest rates supported higher valuations, leading to positive returns for stocks.
Director of Operations
Ashley has been working in the customer service field since she started her first job at age 16. For the past ten years she worked in an office setting handling accounts payable and receivable as well as some receptionist work. She is very excited to learn more about the investment field.
Alec joined Riverstone after starting out his post college career on the operations side of an international logistics company working as an account executive. Graduating with a BA in Economics from the University of Illinois at Urbana-Champaign, he quickly developed a strong interest in the financial world. A lifetime resident of the Chicagoland area, Alec is an avid fan of his hometown sports teams. He is also an enthusiast of outdoor activities like fishing, camping, and hiking whenever possible.
Carol has a wide variety of experiences and has worked mainly with not-for-profit organizations. She spent 20 years in fundraising and 15 years teaching in the Illinois school system while she raised her younger children. Carol lives in Sugar Grove with her husband, Ron, and their Golden Retriever, Charley. She has four children and two grandchildren. When she’s not working, Carol enjoys spending time with friends and family, running, fishing, bible study, and watching her grandchildren play sports.
Wealth Advisor
Wealth Advisor / Registered Principal
Wealth Advisor
Wealth Advisor / Registered Principal
Wealth Advisor
Wealth Advisor Assistant
Registered Relationship Assistant