Commonwealth’s SVP, Investment Management and Research, Peter Essele, shares his insights on the 2024 market and economic outlook with our CEO, Larry Roth. Essele says that his firm has long predicted a “Goldilocks economy” for 2024, driven by moderating inflation coupled with steady growth, before that view became consensus. He says clients should not fear elections, but rather “vote at the booth, not in their portfolios.” The real risk, Essele adds, comes from “unknown unknowns,” and the best mitigation method is a properly diversified portfolio.
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