As June 2024 comes to a close, the stock market has experienced notable fluctuations, driven by a mix of economic data, corporate earnings reports, and geopolitical developments. Let’s delve into the key events that shaped the market in June and what investors might expect as we move into July.
At Prism Capital Management, we strive to keep you informed about the latest developments in the financial markets. Over the past few weeks, the stock market has experienced a mix of volatility, sector rotations, and pivotal economic data releases. Here is a comprehensive summary of the recent activity in the stock market to help you understand the current landscape.
As we embrace the season of renewal, it’s an opportune time to reflect on recent market performance and explore potential investment opportunities for the months ahead. At Prism Capital Management, we are committed to providing our clients with insights to navigate the evolving financial landscape and capitalize on emerging trends.
In the world of investing, it’s not just about how much you make, but also about how much you keep. That’s where tax-efficient investing comes into play. By strategically managing your investments, you can minimize the impact of taxes on your returns, leaving more money in your pocket. Let’s delve into the basics of tax-efficient investing and how it can benefit you.
Throughout most of 2023, the economy and stock market kept surprising economists and investors, repeatedly outperforming expectations, and 2024 is starting out by showing much the same pattern.
In early January, the 60 economists surveyed quarterly by The Wall Street Journal predicted a slowdown ahead, expecting the fourth quarter 2023 U.S. economic growth rate will come in at 1.65%, slow to 0.94% in the first quarter of 2024, and eke out a 0.55% growth rate in the second quarter before rebounding in the second half of this year.