Market Update for the Month – Ending August 31st, 2024

Presented by Sean P. Reilly, Managing Director, GatherWealth Investment Management
sean@gatherwm.com
(401) 310-3920

Quick Hits

1. Solid Month for Stocks

   Stock returns were positive in August despite an early month sell-off.

2. Bonds Continue to Rise

   Falling interest rates led to positive bond returns for the fourth consecutive month.

3. Interest Rate Cuts Ahead

   Investor expectations for rate cuts rose during the month.

4. Continued Economic Growth

   Economic updates released during the month showed signs of continued growth.

5. Risks to Monitor

   Markets face a variety of risks as we finish the third quarter.

6. Positive Outlook for Markets and the Economy

   Markets and the economy set for continued growth in the months ahead.