Marc To Markets

The first quarter was terrific for stocks, but just two weeks into April that may already feel like a distant memory. As  discussed in my last quarterly update, the fed and interest rates were the focus to start the year. And while the delay in interest rate cuts came as a surprise to most market participants, it was in line with my outlook last quarter. Topics covered in this episode include: The state of the economy and why delayed rate cuts shouldn’t come as a surpriseThe performance of stock and bond markets both in the US and globally in Q1How to think about bonds and cash with money markets paying 5%How the “magnificent 7” stocks performed in Q1 and how to think about them nowWhere most investors sit today versus their long-term planThe impact of elections on marketsThis episode is a replay of a client webinar from April  2024.  With any questions or comments, or to discuss your own financial situation, I can be reached at marc.penziner@bernstein.com or 212-969-6655.The information presented and opinion