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Flash Report March 2024

The Fed maintained course on its projected rate cuts in 2024 and corporate profit margins remained persistently strong sending equity markets higher over the month, generating a year’s worth of returns in the first quarter. Concerns of a market “bubble” remained at bay, as expanding valuations continue to find support in a strong economy and high cash balances stand ready to potentially flow into equities when rates drop. The stability of rates allowed bond markets to mostly generate gains with higher yields.

WRITTEN BY | April 11, 2024


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