Q3 2024 Market Recap: Calmer tides

Can investors breathe a sigh of relief? 

The third quarter of 2024 has proven to be both eventful and rewarding for investors across various asset classes. While the first half of the year saw a steady rally in equity markets, fixed-income markets were less fortunate, navigating through a maze of volatility. However, relief came in Q3 as bond markets gained momentum alongside equities, helped by the Federal Reserve's decisive move to cut interest rates by 50 basis points.* 

Download the full Market Recap to get insights into these major areas:  

• the equity market’s resilience; 

• a resurgent fixed-income market; 

• geopolitical influences and safe havens; and 

• the Fed’s interest rate cuts. 
  
  

The road ahead 

Looking forward, investors remain cautious yet optimistic. While the prospect of additional rate cuts presents opportunities, geopolitical uncertainties continue to loom large. Download our comprehensive Market Recap for an in-depth analysis and insights into navigating the evolving landscape. 

Contact us with any questions about this Market Recap or how TruePlan can help enhance your organization's retirement offerings. To learn more about what happened last quarter, read our Q2 2024 Market Recap now. 

*This data was pulled using Morningstar Advisor Workstation.