May 2024 Market Update

In this May market update, our Chief Investment Officer, Brian Andrew, CFA®, examines the latest market trends and discusses their implications for the month ahead.

Key Takeaways:

1. Economic Adaptability: Despite the Federal Reserve’s rate hikes, the economy remains resilient, buoyed by its inherent ability to adapt and past stimulus measures.
2. Investment Strategy Shifts: With economic indicators showing some contraction, Brian suggests rebalancing investment portfolios, highlighting the attractiveness of bonds and a new focus on U.S.-centered stock investments.
3. Long-Term Economic Optimism: Brian emphasizes a positive long-term outlook based on demographic trends, despite short-term challenges and higher interest rates.

We hope you find this video educational and informative. If you have any questions, please contact your Merit Financial Advisor.

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