Q4 and 2024 outlook: November Webinar recap

Time to Read: 2 Minutes

The second half of 2023 has proven more volatile than the first, with equity markets selling off following a record start to the year. With continued fed tightening and a potential recession still looming, investors are wondering where the market will go from here. Stratos Private Wealth President Jeff Brown discusses that and more in our latest webinar. Here are the key takeaways:

• Fed interest rate hikes may be coming to an end but no rate cuts on the horizon
• Despite the fastest interest rate hike campaign in history, the economy continues to outperform expectations along with equity earnings (1)
• Entering one of the best seasons historically for equity returns (2)
• Recent correction caused material breakdown in momentum indicators 
• Recession 2024 is still on the table as is a soft landing
• Recession in late 2023/early 2024 is still on the table, as it a soft landing
• In our tactical models, SPW reduced overweight on equities, increased cash equivalents and increased duration in bonds

As always, our team is here to answer any questions. Please reach out to your advisor if you would like to review your specific situation.

(1) Data sourced from Ned Davis Research ((NDR))  (2) Data sourced from Ned Davis Research ((NDR)) @copyright Ned Davis Research , Inc. 

Stratos Private Wealth is a division through which Stratos Wealth Partners, Ltd. markets wealth management services. Investment advisory services offered through Stratos Wealth Partners, Ltd., a registered investment adviser.  The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. Stratos Wealth Partners and its affiliates do not provide tax, legal or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction. 

Stratos Private Wealth is a division through which Stratos Wealth Partners, Ltd. markets wealth management services. Investment advisory services offered through Stratos Wealth Partners, Ltd., a registered investment adviser.  Stratos Wealth Partners and its affiliates do not provide tax, legal, or accounting advice. This material has been prepared for informational purposes only; and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. You should consult your own tax, legal, and accounting advisors before engaging in any transaction. Content in this material is for general information only and not intended to provide specific advice or recommendations for any individual.  To determine which strategies or investments may be suitable for you, consult the appropriate qualified professional prior to making a decision.  Investing involves risk including possible loss of principal. Some of the information contained herein has been obtained from third party sources which are reasonably believed to be reliable, but we cannot guarantee its accuracy or completeness. The information should not be regarded as a complete analysis of the subjects discussed.