March 25, 2024

2024 Second Quarter Outlook: Stocks Spring Forward

Latest Publications 2024 Second Quarter Outlook: Stocks Spring Forward


In this outlook, we discuss our predictions going into 2024 and how they are shaping up as we enter the summer. Inflation data has been hotter than expected, but markets and the Fed have largely discounted that data and are looking at the longer-term trend. We still believe inflation is moderating and the Fed is likely to cut rates this summer. The economy remains on solid footing, but stocks have advanced higher on higher expectations around earnings. If these expectations are not met, we could see market volatility ramp up later in the year.

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The Market Outlook is published by Cetera Investment Management LLC, an SEC registered adviser owned by Cetera Financial Group. Cetera Investment Management provides market perspectives, portfolio guidance, model management, and other investment advice to its affiliated broker-dealers, dually registered broker-dealers and registered investment advisers.