The Value of Diversification: Insights From Our Q3 Economic and Market Review

Published on October 25, 2024

Financial markets moved higher yet again in the third quarter of 2024, and this time everyone joined in!

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Inflation Mathematics

October 25, 2024
Two major labor unions, the Dock Workers Union and the Boeing Machinists Union, have attempted to reach an agreement with their employers on a contract. The dock workers agreement proposes an average 8.5% per year wage increase over six years, and the Boeing Machinists Union’s proposal is for an average 7.5% wage increase over four years.

Market Moves: The Long-term Impact of Earnings Announcements

October 25, 2024
Very recently there have been several earnings reports coming out. Earnings reports can often have a short-term impact on the price of the stock, especially in the short run. One of the sectors that has really been hit hard recently has been the health care sector, specifically Elevance and United Health Care had earnings announcements and they were somewhat negative.