September is historically the worst for stocks in a typical year; given the returns year-to-date, with only brief drops in market averages, we would be unsurprised by a rocky month or two ahead.

While July has gotten off to its typical strong start, greater volatility can be expected than that experienced so far in 2024.

With a contentious election upon us in six months, we should not be surprised to see some rocky market action this summer.

Political rhetoric regarding the economy is picking up as we get closer to the November presidential election. As investors our stance is simple: policy is what matters, not politics.

Combined with the 24% surge last year, U.S. stocks have been "the place to be” for investors worldwide.

Q4 Earnings season is complete and large cap companies generally exceeded analysts’ expectations, reporting a modest 4% growth in earnings for the year. Our investment committee noted that the Q4 earnings reports of the tech giants were perhaps the greatest display of earnings power and revenue growth we’ve seen in business history.