December 2024 Market Review

Polarization and “brain rot” are the words of the year in 2024. If Oxford or Merriam-Webster had to choose a word to describe the U.S. economy in 2024, resilience may have been a viable candidate. Whether U.S. consumers experienced brain rot or not, it did not impact their economic contribution. The U.S. economy diverged from the rest of the world in 2024 and entered the year performing well despite higher funding costs. Inflation and labor data suggested changes to monetary policy were premature.

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