Desla's Weekly Market Update: December 10, 2024

Desla's Weekly Market Update: December 10, 2024

 

U.S. Stock Markets Hit All-Time Highs!

The U.S. stock market experienced significant growth, and the S&P 500 reached new heights in a stable and low-volatility environment. 

 

Stability in the U.S. Market

Last week, U.S. stock markets hit all-time highs, with the S&P 500 continuing its upward trend. The positive incline is consistent across several market sectors. The market is showing low volatility, and momentum is expected to continue.

 

Consumer Spending Propels Economic Growth

Consumer spending, which is 70% of the U.S. economic activity, continues to fuel business growth and strengthen investor confidence. Consumer spending not only drives growth but also contributes to a stable market environment. While manufacturing activity has slowed, this is typical of economic cycles, and the overall economic outlook remains positive. 

 

Desla's Strategic Focus

Looking ahead, we are monitoring key economic indicators while staying focused on U.S. markets and identifying growth opportunities that deliver value to our clients. Given the uncertainties in international markets, particularly emerging markets like China, we are prioritizing stability by maintaining a diversified approach with no exposure to international markets. 

 

Want to learn how our investment strategies may be suitable for you? Reach out and schedule a consultation to discover how we can help you achieve your objectives.

 

Stay tuned for next week's release and subscribe to our insights page for market updates. Your financial success and peace of mind are our top priority. 

 

This information is being provided for informational purposes only and is not intended as investment advice. For more information about our services and fees, please consult our Form ADV 2, which is available here: https://adviserinfo.sec.gov/firm/summary/310235 For a list of all recommendations we have made over the past 12 months, please contact us at 515-452-0001.