Wealth Management
Leading into the Fed's rate cut in Q3, markets experienced notable shifts across sectors and asset classes. Gold saw a strong surge, while oil's decline weighed down broader commodity indices. The...
Wealth Management
The September 2024 edition of NDR's Market Digest takes a closer look at the choppy market conditions leading up to the U.S. presidential election. Despite ongoing recession fears, fueled by Fed rate...
Wealth Management
As market historians, we find rare market events fascinating as they provide perspective and historical parallels. This presidential election cycle is notable for several reasons: Trump is the first...
Wealth Management
In May, we had revised our 2024 real GDP growth projection upward by 50 basis points to 1.5%-2.0% due to a somewhat firmer demand than previously anticipated. Additionally, we increased our forecast...
Wealth Management
We remain bullish on U.S. stocks due to accelerating earnings growth, moderating economy and inflation, and expectations of a year-end rally in a presidential election year. The S&P 500's 15.0%...
Wealth Management
The evidence remains supportive for stocks, with earnings showing a broadening recovery into their second year despite the stickier-than-expected inflation noted by the Fed. However, it’s crucial to...
Wealth Management
The “wealth effect” for consumers is evidenced by the significant increase in stock and real estate values. The value of equities and household real estate have substantially contributed to the surge...
Wealth Management
NDR's current view on Economic data on growth and inflation is mixed. We have below-trend but still decent growth this year and that CPI will be sticky around 3%. Recent data has shown that things...
Wealth Management
The peak of the private sector job openings-to-unemployed ratio in March 2022 has now tapered off across various industries. Sectors such as construction, retail trade, and transportation are...
Wealth Management
The NDR Crowd Sentiment Poll surged into excessive optimism territory a month after the October 2023 lows, despite economic uncertainties. A return to balanced sentiment levels followed a 4% S&P 500...
