Investment Commentary

In Q1 2024, the global equity markets experienced a significant rise. The S&P 500 Index surpassed the 5000 level for the first time, driven by a positive outlook on a solid earnings season, easing inflation data, signs of economic resilience, and rallies from the tech giants. In contrast, fixed income was under pressure once again. U.S. Treasury yields generally rose across maturities as the yield curve shifted upwards over the quarter. To learn more, click on the link for the latest Market Environment.