Market Update— Quarter Ending June 30, 2024
Presented by Sean P. Reilly, Managing Director, GatherWealth Investment Management
sean@gatherwm.com
(401) 310-3920
Quick Hits
June Rally Caps Solid Quarter for Stocks
Stocks rose for the second consecutive month.
Bonds Up for the Month and Quarter
Falling interest rates in June supported bond returns during the month and quarter.
Inflation Slows
Inflation improved in May, with major inflation metrics showing slower price growth during the month.
Solid Economic Growth
Economic reports released in June showed signs of continued healthy growth.
Market Risks to Monitor
Markets face a variety of risks in the second half of the year.
Positive Outlook for the Second Half
Markets and the economy are set for continued growth.
