Q2 2024 Global Markets Review & Outlook

Inside, you will find a summary of market activity and our market outlook.

• A Resilient New Bull Market: Young bull markets are stunningly hard to derail. Those that reach one year old almost always reach two.
• Improving Sentiment: While sentiment has perked amid improving economic conditions, we are still far from euphoria—providing ample room for upside surprise and big gains.
• Politics is a Tailwind in 2024: Since 1925, US equities ended positive in 83.3% of presidential election years. Globally, political uncertainty likely fades throughout the year further reducing investor anxiety.