1st Quarter 2024 Commentary

According to bloomberg, stocks (defined by the s&p 500) had their best first quarter in 5. India beat australia for the 1st time in 52 years.

Equity markets had a stellar run in the first quarter, with the s&p 500 up over 10% and nearly 30% from the october low. Key aspects of 2024 economic activity in the 1st quarter, and what behaviors in various financial markets might be suggesting about investor expectations.