October 17, 2024By Julie Biel, CFA

A Balancing Act

Market Review 3Q2024 Update | KayneCast 263

“In September, we saw a 50-basis point rate cut by the Fed. That was both in response to better inflation data and some concerns about the health of the labor market…and I think it really told the markets that the Fed is serious about responding to its dual mandate, which is both employment and inflation.”

Each quarter, Julie Biel, CFA, Chief Market Strategist, offers her perspective on the underlying forces driving the market.  Listen to her most recent episode where Julie recaps market activity during 3Q 2024, focusing on these areas:

  • The effect of the Fed’s initial rate cut on small and medium sized companies
  • Diversification beyond the Mag 7
  • Consensus expectations going into 2025

For more insights, read our 3Q 2024 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.

KARCast is the official podcast series of KAR. This material is provided as a matter of general information and is not intended to be relied upon as a forecast or research. The opinions expressed herein are those of the speakers and are not necessarily the opinions of KAR or its affiliates, are current as of the date and time of the recording, and are subject to change at any time due to changes in market or economic conditions. The information and opinions contained in this material are derived from proprietary and non-proprietary sources deemed by KAR to be reliable and are not necessarily all inclusive. KAR does not guarantee the accuracy or completeness of this information. Any securities included in this podcast are based on objective, non-performance based criteria and such mentions should not be considered a recommendation to purchase or sell the securities mentioned. This podcast should not be construed as an offer or solicitation to purchase or sell any security. KAR’s strategies may not be suitable or appropriate for all investors depending on their specific investment objectives and financial situation. Potential investors should always consult with their own financial professional before determining whether to invest in a particular investment or investment strategy. Reliance upon information in this material is at the sole discretion of the listener. To the extent any performance is discussed, past performance is not indicative of future results.