“The fourth quarter of this year certainly brought about fantastic returns of double-digit nature in the S&P 500 as we closed out 2023. And I think the key catalyst or trigger for this was the October CPI report, which was reported in roughly the middle of November, which sort of indicated that inflation was well under control and potentially already at or below the Fed’s target.”
Each quarter, Doug Foreman, CFA, Co-Chief Investment Officer offers his perspective on the underlying forces driving the market. Listen to his most recent episode where Doug recaps market activity during Q4 2023, focusing on these areas:
– What were the drivers behind the robust performance across equity markets in the fourth quarter?- What is KAR’s view on AI as an investment theme?
– Besides the Magnificent 7, what other areas of the market contributed to overall performance for 2023?
– What will happen when the headwinds caused higher rates starts to subside?
– What is the economic outlook for 2024 and the potential impact an election year will have on the markets?
For more insights, read our Q4 2023 Commentary or subscribe to KayneCast where we provide the latest updates from the KAR Investment Team on our investment strategies.
KayneCast is available on Apple Podcasts and Spotify.
