3 minute read
With many macro factors currently at play, staying informed is essential.
Our Chief Investment Officer - Ryan J. Dykmans, CFA - has just published his Dunham 2024: Mid-Year Outlook.
This comprehensive report is packed with in-depth market insights, detailed economic analysis, portfolio allocation strategies, and unique perspectives to help you gauge what's going on in the financial world.
"Choppy Waters Ahead!"
Key Takeaways:
1. Consumer Spending and Inflation:
The financial strain on consumers with rising delinquencies and falling retail sales may signal lower inflation but could hurt business growth.
2. Real Estate and Wealth:
Real estate represents a significant portion of wealth for 99% of households, making them vulnerable to property declines and high interest rates that limit refinancing options.
3. Interest Rates and Yield Curve:
Volatile rates and an inverted yield curve hint at economic uncertainty and impact the bond market.
4. Equities and Growth Momentum:
Opportunities in undervalued small-cap stocks. Dunham Core Equity Portfolio is adjusting to leverage these opportunities.
Ready to dive deeper into these insights? Explore the full Dunham 2024 Mid-Year Market Outlook Report here for detailed analysis and strategies.
Disclosures:
This communication is general in nature and provided for educational and informational purposes only. It should not be considered or relied upon as legal, tax or investment advice or an investment recommendation, or as a substitute for legal or tax counsel. Any investment products or services named herein are for illustrative purposes only and should not be considered an offer to buy or sell, or an investment recommendation for, any specific security, strategy or investment product or service. Always consult a qualified professional or your own independent financial professional for personalized advice or investment recommendations tailored to your specific goals, individual situation, and risk tolerance. All examples are hypothetical and are for illustrative purposes only.
Information contained in the materials included is believed to be from reliable sources, but no representations or guarantees are made as to the accuracy or completeness of information. This document is provided for information purposes only and should not be considered as investment advice
The S&P 500 - The S&P 500 is a stock market index based on the market capitalizations of 500 large companies having common stock listed on the NYSE or NASDAQ. The S&P 500 Index components and their weightings are determined by S&P Dow Jones Indices. It differs from other U.S. stock market indices, such as the Dow Jones Industrial Average or the Nasdaq Composite index, because of its diverse constituency and weighting methodology. It is one of the most commonly followed equity indices, and many consider it one of the best representations of the U.S. stock market, and a bellwether for the U.S. economy. You cannot invest directly in an index.
Past performance is not a guarantee of future results. All indices are unmanaged and measure common sectors of global asset markets. The indices assume reinvestment of distributions and interest payments, and do not take into account brokerage fees and taxes.
You cannot invest directly in an index.
Dunham & Associates Investment Counsel, Inc. is a Registered Investment Adviser and Broker/Dealer. Member FINRA/SIPC. Advisory services and securities offered through Dunham & Associates Investment Counsel, Inc.