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.
News
2024 Midyear Outlook: Can Investors Find Solid Ground in Fixed Income?
When we began 2024, six interest rate cuts were expected. But with stickier-than-expected inflation and strong job growth, markets significantly lowered those expectations. As a result, rising interest rates created headwinds for rate-sensitive assets, although a resilient economy helped lower-credit-quality parts of the fixed income market (e.g., high-yield and bank loans) outperform their higher-credit-quality counterparts.
Monthly Market Risk Update: July 2024 [SlideShare]
June was a solid month for markets, with all three major U.S. equity indices up for the month. The S&P 500 gained 3.59 percent, the Dow Jones Industrial Average grew 1.23 percent, and the Nasdaq Composite was up 6.03 percent. Solid earnings growth and a healthy economic backdrop supported equity markets during the month.
Surveying the Economic and Market Landscape
“Life moves pretty fast. If you don’t stop and look around once in a while, you could miss it.”
— Ferris Bueller
Q2 2024 Earnings Season Preview: Time to Show Me the Money!
Anyone familiar with the movie Jerry Maguire knows the phrase, “Show me the money!” Well, after several quarters of beating low expectations, it’s time for companies in the S&P 500 to show us the money and put up solid earnings growth. Analysts expect earnings growth of 8.8 percent as of July 3, 2024, which would be the highest growth rate since Q1 2022 when it was 9.4 percent.
Economic Risk Factor Update: July 2024 [SlideShare]
June’s reports indicated signs of continued economic growth with signs of a potential slowdown ahead. Hiring remained solid, with 206,000 jobs added during the month. Service sector and consumer confidence both fell in June, while the yield curve inversion widened modestly.
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