FEBRUARY 2024
In total, the 2024 update of our long-term outlook calls for similar returns across most asset classes relative to 2023. Due to higher cash and bond yields, this outlook is well above the previous decades’ call for muted returns. However, expected lower potential economic growth rates due to aging demographics and a slow-growing labor force, still present headwinds for future returns. Our first article below outlines Long-term Capital Market Assumptions.
In addition, Janney’s Investment Strategy Group shared their views during Janney’s 2024 Market Outlook presentation where they discussed the current state of the economy and markets, their outlook for 2024, and what you should know about the potential impact on your portfolio strategy. Click here to Learn what’s next!
Life doesn’t end with retirement. In many ways, it just begins. If you're looking to make the most out of your golden years, engaging in the activities mentioned in our second article can get you started.
Chornyak & Associates is again honored to be named to the Forbes 2024 Best-In-State Wealth Management Teams . Forbes Best-in-State Wealth Management Teams ranking was developed by SHOOK Research and is based on in-person, virtual and telephone due diligence meetings and a ranking algorithm that includes: a measure of each team’s best practices, client retention, industry experience, review of compliance records, firm nominations; and quantitative criteria, including: assets under management and revenue generated for their firms.
This month's "What's Happening Now" section shares stories on a resort in the New York Catskills that just added 3 tree houses, 27 home office ideas that deliver big on style, and In-N-Out Burger making a heartbreaking announcement after 76 years.
We'd like to hear from you. Please feel free to contact us by phone at 614-888-2121, toll-free 877-389-2121 or email jchornyak@janney.com with any questions or comments.
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