It has seemed like the “Fed Funds Rate Cut in March “ mantra has dominated the financial news for months, despite the efforts of many to point out that the Fed has never indicated that they would move so soon. Now, that March FOMC meeting where so many thought this critical decision would be made is two weeks away, and it all feels a bit anti-climactic. The month closed a strong February, with the S&P 500 marking its strongest beginning two months of the year since 2019, according to The Wall Street Journal. The week’s gains were also broad-based. For the year-to-date period, the capitalization-weighted version of the S&P 500 index remained ahead of the equal-weight index by 409 basis points (4.09 percentage points), reflecting the outperformance of large, technology-oriented growth stocks. On the wealth planning front, we share how the IRS will be auditing high earners as well as how high yield savings accounts may fall short.
Click Here to Read the March 4, 2024, Economic Commentary
Click Here to Read the March 4, 2024, Investment Commentary
Click Here to Read the March 4, 2024, Wealth Planning Commentary
