Analysts Corner: 06/25/2024 – Mid Year Economic Outlooks
Weekly Market Recap
A look back at the financial markets over the past week and a look ahead at key economic developments this week.
https://franklinmadisonadvisors.com/wp-content/uploads/2024/06/weekly_market_recap_20240624.pdf
Source: JP Morgan Asset Management
Weekly Macro Recap
A look back at key macroeconomic and geopolitical developments that help us contextualize the current investing landscape.
https://franklinmadisonadvisors.com/wp-content/uploads/2024/06/weekly_macro_recap_20240624.pdf
Source: Luke Gromen, FFTT
Opportunities Amidst Divergence
A significant risk that markets are overly positive and have not fully priced in potential problems. Given the positive macro backdrop, an overweight to risky assets is favored but keep risks tightly controlled, as very tight valuations limit the upside for risky assets.
https://franklinmadisonadvisors.com/wp-content/uploads/2024/06/Opportunities-Amidst-Divergence.pdf
Source: Invesco
Renewed Growth, New Challenges
Despite improvements, many investors are likely to be distracted by increasing noise as November’s US election draws near. This election is significant, but we believe it is unlikely to change the direction of the world economy and markets. That said, there are many other risks, including potential inflationary shocks and unpredictable geopolitical flareups.
https://franklinmadisonadvisors.com/wp-content/uploads/2024/06/Renewed-Growth-New-Challenges.pdf
Source: Citi
From Stability to Agility: Nine Implications for a New Investment Landscape
The underlying assumptions that have driven many investment strategies over the last 40 years must be reexamined. This paper explores nine implications that can help empower investors with the agility needed to navigate the uncertainties of the new economic environment.
Source: Nuveen