The U.S. Bank Asset Management Group raised its S&P 500 year-end 2024 price target to 5,520 from 4,950, up 5.5% from Friday’s close. This target is based on a multiple of 23 times S&P 500 projected earnings of $240 per share.
While current growth momentum will likely provide diversified portfolios with a tailwind to start 2024, investment implications will increasingly turn on interest rate policy and corporate earnings stability as the new year unfolds.
Stay informed on key topics likely to impact markets, the economy and investors.
March 20, 2024
The Fed held interest rates steady in a range of 5.25% to 5.50% on Wednesday and affirmed projections for three rate cuts this year, while increasing core inflation and economic growth expectations.
March 27, 2024
2023 was the slowest year for existing home sales in nearly 30 years. Where’s the housing market headed in 2024?
March 26, 2024
In a delicate balancing act with a Federal Reserve intent on slowing the economy to fight inflation, steady consumer spending has helped avoid a recession. But does record household debt threaten to tip the scales?
March 25, 2024
What opportunities does today’s volatile commodities market offer investors?
March 21, 2024
What does a persistently inverted yield curve say about the economy’s prospects for a recession?
March 21, 2024
The Federal Reserve appears to have reached a peak in its current cycle of interest rate hikes and is expected to begin cutting rates later this year.
March 18, 2024
A fresh look at managing your cash and investments in today’s changing interest rate environment can help support your pursuit of the goals that matter most to you.
March 14, 2024
While the pace of rising inflation is slowing, persistently higher prices continue to weigh on consumers and policymakers alike.
March 13, 2024
U.S. presidential elections naturally affect policy — but do they affect the market? Here’s a look at the impact election cycles have historically had on capital markets and what to watch for in 2024.
March 13, 2024
Do stock market gains among a relatively narrow band of technology companies signal a bullish trend with the potential to spread to more S&P 500 sectors?
March 12, 2024
What do the latest corporate earnings reveal about the direction of the economy and markets in 2024?
March 12, 2024
Investors focus on evolving dynamics in the stock market’s energy sector.
March 11, 2024
Congress passed and President Biden recently approved budgets for six of 12 federal agencies. But another fast-approaching deadline later this month once again raises the specter of a partial government shutdown should budget negotiations between Congress and the White House stall.
March 11, 2024
Set against the backdrop of persistent inflation, the strong job market continues to draw the attention of the Federal Reserve as it calibrates monetary policy to help curb inflation.
March 5, 2024
Taking measure of global currency trends as you position your investment portfolio.
March 5, 2024
With the Federal Reserve maintaining higher interest rates for longer to get inflation under control, what opportunities does this create for bond investors?
February 29, 2024
The Federal Reserve is focused on fighting inflation with monetary policy intended to slow consumer demand. Does this put the economy at risk of a recession?
February 27, 2024
As the Russia-Ukraine war drags on in Europe, other geopolitical conflicts have emerged in the Middle East that threaten to impact global markets.
February 26, 2024
What should investors consider when seeking emerging market exposure to the world’s second-largest economy?
February 21, 2024
Explore how capital markets have fared so far under the Biden administration and learn what to expect in the runup to this year’s presidential election.
February 16, 2024
Tech stocks are up to start 2024 – continuing last year’s trend of outperforming the broader S&P 500 by a wide margin.
February 16, 2024
As the national debt continues to grow, investors should take into account long-term considerations potentially impacting interest rates, capital markets and the economy.
February 15, 2024
As interest rates change, learn what the ripple effects across capital markets may mean for investors.
February 8, 2024
Consider these tactical asset allocation strategies to help enhance your investment returns and manage overall portfolio risk in today’s dynamic market environment.
January 9, 2024
With inflation retreating and interest rate cuts likely coming later this year, how should investors position their portfolios to capitalize on potential opportunities, while guarding against risks?
3.25.24 | Reuters | Video
Lisa Erickson, head of the public markets group at U.S. Bank Wealth Management, said that while the U.S. Federal Reserve is looking for an overall downward trend in inflation, a hotter-than-expected reading of this week's Personal Consumption Expenditures index could be troublesome.
3.12.24 | CNBC | Video
Eric Freedman, U.S. Bank Asset Management CIO, joins ‘Squawk Box’ to discuss the latest market trends.
3.12.24 | Reuters | Article
“The hotter inflation is an indication that the consumer is doing well, that there's pricing power in this economy that companies are taking advantage of, and the other data tells us that it's not hurting somewhat,” said Rob Haworth, senior investment strategist at U.S. Bank Wealth Management in Seattle.