Market Update October 2024
Subscribe to Vector’s Well Balanced podcast on Apple Podcasts or Spotify for weekly market updates and real-world financial planning topics, including this episode.
Listen to this episode
In our latest podcast episode, Jason Ranallo, Director of Portfolio Management, provides an in-depth review of recent market performance and key economic trends. Starting with last quarter’s market performance and discussing recent all-time highs. We also cover September’s Federal Reserve cut, yield curve normalization, and mortgage rates.
Whether you're interested in understanding the current state of the market or looking for a deeper strategic understanding, this podcast episode offers a comprehensive overview. Tune in to gain a better understanding of the economic landscape.
The central themes of our conversation, along with start times, are listed below as chapters.
Time & Chapters:
Market All-Time Highs and Performance:
Discussion of the markets hitting all-time highs, particularly the S&P 500, with an overview of market trends and volatility, as well as recent stock market milestones.
Starts at 00:00
-
U.S. Stock Market Performance and Global Markets:
A detailed review of the U.S. stock market’s performance for the quarter, including gains in the S&P 500, Nasdaq, Dow Jones, and a look at emerging markets and international stocks.
Starts at 00:31
-
Portfolio Diversification and Asset Allocation:
Explanation of how different asset classes—U.S. small-cap stocks, international, developed, and emerging markets—fit into a long-term diversified portfolio, balancing risk and reward.
Starts at 01:48
-
Gold's Recent Performance:
Insight into gold’s role as a portfolio diversifier, its long-term historical performance, and why it has shown strong returns recently.
Starts at 02:22
Federal Reserve’s Rate Cuts and Inflation:
Discussion of the Federal Reserve’s September rate cut and its impact on inflation, employment, and future interest rate movements.
Starts at 03:50
-
Yield Curve and Bond Market Behavior:
Overview of the yield curve, including its recent inversion and return to normal, and the performance of the bond market in response to falling interest rates.
Starts at 06:24
-
Mortgage Rates and Housing Market:
Exploration of how interest rate cuts have affected mortgage rates and borrowing costs, and how homeowners are adjusting to the changes in rates.
Starts at 08:48
-
Investing at All-Time Highs and Rebalancing:
A discussion on whether to invest or pull back when markets are at all-time highs, including thoughts on rebalancing portfolios and managing risk.
Starts at 12:02
—
Charts and Graphs
These discussions aim to spark dialogue about enhancing retirement readiness and making more informed financial decisions. At Vector, we delve into the nuances of scenario planning, offer insights and guidance tailored to each client's unique circumstances. If you or someone you know is pondering their financial future or seeking clarity on their retirement plan, we're here to help.
This discussion is with Vector’s Jason Ranallo and Ezra Firkins.
Please share this episode by forwarding the link to this blog post or via your favorite podcast app.
Subscribe to the podcast: vectorwealth.com/podcast
v24289173