This week, CEO Eric Boyce, CFA discusses: 1. earnings estimates are rising heading into second half of 2024, market estimates provide limited upside as earnings grow into multiples. 2. Importantly, though, earnings breadth for the S&P 500 is improving beyond the Mag 7 stocks - positive for market health 3. credit spreads tight, some opportunity in marginally investment grade bonds which are on negative credit watch. 4. Reminders on the power of diversification, long term horizons, reinvested dividends, and compounded return. 5. Reminders about how being invested during interim pockets of volatility can often lead to outsized investment returns over time. 6. US PMI for manufacturing improving, and services remains in expansion. Global growth also looking brighter...
top of page
bottom of page