September 2024 Market Commentary

• Highlights from the speech delivered by Jerome Powell, Chair of the Federal Reserve, at Jackson Hole.
• Post-earnings season commentary: The performance gap between growth and value stocks is narrowing as inflation cools and rate cuts loom. Growth stocks, especially in tech and consumer discretionary sectors, are outperforming value stocks, with AMZN showing 12.2% year-over-year growth.
• Portfolio allocation recap: We’ve made strategic adjustments to our portfolio, realizing gains in key holdings like AMZN and MSFT, while shifting into higher-yielding money market funds.

For a deeper understanding of these insights and how they can be leveraged for your financial success in 2024, download the full report today. Click here to learn more about Herbein Financial Group.
 

Article contributed by Matt Kline.

Disclaimer: Information presented should not be regarded as a complete analysis of the subjects discussed. All expressions of opinion reflect the judgment of the authors as of the date of publication and are subject to change.

Information provided is general in nature and does not constitute personalized investment advice. A professional adviser should be consulted before implementing any investment decisions. Any tax and estate planning information provided is general in nature and should not be construed as legal or tax advice. Always consult an attorney or tax professional regarding your specific legal or tax situation.

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