Five Dynamics That Could Drive the Financial Markets

Originally published May 24, 2024

Review the latest Weekly Headings by CIO Larry Adam.

Key Takeaways

  • Inflation should resume its downward trend
  • Positive earnings streak should continue
  • Expect some election volatility this summer

While Memorial Day ushers in a fun-filled weekend of festivities, family picnics and barbeques with friends – we must always remember to honor all the men and women who valiantly served and made the ultimate sacrifice for our country to defend our freedoms. We salute you. And with the summer season unofficially kicking off this weekend, be safe wherever your travels may take you. In fact, this Memorial Day is expected to draw a near record number of travelers, with AAA projecting ~44 million people traveling this holiday weekend – that’s a 4% increase from last year and the second highest number in ~20 years! As we set our sights on the summer, here are five dynamics that could drive the financial markets between Memorial Day and Labor Day: