Key Takeaways
- The stock market gains. For the third straight year, U.S. stocks posted strong double-digit returns while international stocks delivered their best gains in over 15 years, rising 33%.*
- Continued positive economic growth. We remain in expansion, due in part to healthy consumer spending and higher corporate earnings.
- Spending on AI technologies. Historically, overinvestment in new technologies has led to market downturns, but we may not be nearing that point. Reducing stock exposure now could mean missing out on meaningful growth potential.
- The outlook for bonds. Beyond playing a role as shock absorbers in diversified portfolios, higher interest rates have helped boost bond returns.
Download the Quarterly Market Perspective slides to explore themes discussed in the video.