Q4 – 2024: Market Outlook

By: Linscomb Wealth

Q4 2024 Market Outlook: Insights and Key Takeaways

At Linscomb Wealth, our mission is to keep you informed and prepared for the opportunities and challenges that shape your financial journey. As we close out the fourth quarter of 2024, we’re pleased to share key insights and data from the markets that provide clarity and direction for the road ahead.

Below, you’ll find two comprehensive resources designed to help you better understand the trends shaping the financial landscape and how they may impact your wealth strategy.

1. Comprehensive Video Commentary

Join Phillip Hamman, Walter Christopherson, Ryan Patterson, and Corbin Grillo as they provide a detailed analysis of the past year’s market activity and share their outlook for 2025. In the Market Update and Outlook Video, they explore:

How the U.S. economy remains supported by consumer spending and labor market resilience, despite a slight uptick in unemployment.
The implications of elevated equity valuations, particularly driven by mega-cap stocks, and the importance of maintaining diversification.
Disinflation trends, with inflation falling significantly since 2022, and how Federal Reserve rate cuts may impact short- and long-term interest rates.
The potential opportunities in international markets, currently trading at a historic discount compared to U.S. markets.
How advancements in AI could shape productivity and economic growth, and the uncertainties surrounding its widespread adoption.

This video provides expert perspectives on navigating a dynamic financial environment with confidence and foresight.

2. Key Data Highlights from the Slide Presentation

For those who prefer a data-driven perspective, our Market Outlook Slide Presentation highlights critical takeaways from the quarter, including:

A Strong Labor Market and Consumer Spending: Continued growth in the U.S. economy driven by these critical pillars.
Disinflation Slowing: The pace of disinflation has moderated, warranting careful observation.
Interest Rate Trends: Despite the Federal Reserve’s rate cuts, longer-term rates remain elevated.
Asset Prices: Mixed performance during Q4, with U.S. markets leading the way.
Valuations and Concentration: Staying mindful of stock market valuations and the concentration of U.S. market leadership.
Election Reactions: Initial market responses to the results of the 2024 presidential election.

These insights offer a detailed snapshot of the financial forces at play as we move into 2025.

What This Means for You

As you reflect on these market trends, it’s important to consider how they align with your financial goals and long-term strategy. Whether it’s understanding the impact of the labor market, positioning yourself amidst shifting interest rates, or preparing for election-related market fluctuations, we’re here to guide you.

Explore the Resources

At Linscomb Wealth, we take pride in being your trusted partner as you navigate your financial future. If you have any questions about the topics covered or want to explore how these insights apply to your unique situation, please reach out to your Linscomb Wealth advisor.

Linscomb Wealth ("LW"), previously operating as Linscomb & Williams, Inc., is an investment adviser registered with the U.S. Securities and Exchange Commission. Registration does not imply a certain level of skill or training. LW is a wholly owned subsidiary of Cadence Bank. Services offered by LW are not guaranteed or endorsed by Cadence Bank. Views, opinions, estimates, forecasts, and statements of financial market trends that are based on current market conditions constitute our judgement and are subject to change at any time based upon market or other conditions and are current as of the date of this material. These views, opinions, and strategies may not be appropriate for all investors. While all material is deemed to be reliable, accuracy and completeness cannot be guaranteed. References to specific securities, asset classes and financial markets are for illustrative purposes only and are not intended to be, and should not be interpreted as, recommendations. Please remember that all investments carry some level of risk, including the potential loss of principal invested. Investments do not typically grow at a consistent rate of return and may experience negative growth. As with any type of portfolio, structuring a portfolio with the aim to reduce risk and increase return could, at certain times, unintentionally reduce returns. Forward-looking statements may or may not occur. Past performance is not indicative of future results. LW

Linscomb Wealth does not provide legal, tax or accounting advice. Nothing contained in this presentation is intended to constitute legal, tax, accounting, financial, or investment advice. Always consult with your independent attorney, tax advisor, and other professional advisors before changing or implementing any financial, tax or estate planning strategy. Indexes are unmanaged, do not include fees or expenses and are not available for direct investment. Unless otherwise explicitly stated, references to the equity market and bond market typically mean the S&P 500 Index and Bloomberg Barclays Aggregate Bond Index, respectively. Please refer to Index Definitions for a complete list of benchmark descriptions.

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