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

1. June Rally Caps Solid Quarter for Stocks

   Stocks rose for the second consecutive month.

2. Bonds Up for the Month and Quarter

   Falling interest rates in June supported bond returns during the month and quarter.

3. Inflation Slows

   Inflation improved in May, with major inflation metrics showing slower price growth during the month.

4. Solid Economic Growth

   Economic reports released in June showed signs of continued healthy growth.

5. Market Risks to Monitor

   Markets face a variety of risks in the second half of the year.

6. Positive Outlook for the Second Half

   Markets and the economy are set for continued growth.