49 min
Q1 Market Recap | Featuring J.P. Morgan Global Market Strategist, Jordan Jackson Off The Wall
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- Investing
How is it that we are already heading into Q2 of 2024? In this episode, we deep dive into the first quarter of 2024 with special guest Jordan Jackson, Executive Director and Global Market Strategist with JP Morgan Asset Management's Global Market Insight Strategy team.
Tune in for our breakdown of the Q1 2024 market and our optimistic (and pessimistic) views as we head into Q2. We explore the best and worst performing sectors, unpack the Federal Reserve's recent actions and their impact on interest rates, and delve into the ongoing S&P 500 bull market with a focus on future growth potential.
Additionally, the episode tackles the record concentration within the top holdings of the S&P 500, analysing potential future trends as well as considerations for investing in small cap stocks, particularly in a rising interest rate environment. Finally, the team goes round-robin to share their optimistic and pessimistic views on the markets going forward.
“75% of the time, going back to 1980, the equity market has been positive by calendar year. I think that's really important. Yes, volatility is a price we pay as investors, but as long-term investors investing in equities...that [staying invested] is how you grow your wealth.” Jordan Jackson
Episode Timeline
[00:00] Intro
[02:00] A Historical Look at The Fed’s Interest Rate Moves During Election Years
[03:50] Erin’s Take on Where we Are with the Current Bull Market and How long it Might Last
[05:26] Nate Talks about the Spike in Commodity Prices and its Impact on Volatility and Inflation
[06:50] Jordan Jackson’s Bullish Take on the Equity Markets and Fed’s Monetary Policy
[9:10] Do We Need Interest Rate Cuts to See Successful Equity Markets and Economic Growth?
[14:00] S&P 500 Market Concentration – How Durable is the Equity Market Considering the Top 10 Names Hold over 34% of the Value?
[20:00] Stats and Advice for People Investing in Small Cap Stocks
[25:00] Why Should Investors be Optimistic About Investing Now?
[30:00] Momentum Investing and Long-Term Gains
[32:00] Speed Round: A Round-Robin Take on the Markets – Both Optimistic and Pessimistic Views
[44:00] Jordan Jackson’s Optimistic Wrap-Up and Kind Words About Monument 😊
[47:00] Outro.
About Jordan Jackson
Jordan Jackson, Executive Director is a Global Market Strategist on the J.P. Morgan Asset Management Global Market Insights Strategy Team. Jordan is responsible for delivering timely market and economic commentary to clients across the country and is a frequent guest on Bloomberg, CNBC, and other financial news outlets.
He has authored several papers on the economy and markets, with a focus on public fixed income and monetary policy and is often quoted in the financial press. In addition, Jordan is responsible for conducting research on the global economy and capital markets as well as publications such as the Guide to the Markets and weekly blog posts.
An employee since 2015, prior to his role on Global Market Insights, he worked on the Global Consultant Strategy Group based in New York where he was responsible for serving the investment needs of institutional asset management consultants in North America and Canada.
He earned a B.A. in African-American Studies from the University of Virginia and holds Series 7 and 63 licenses.
Follow Jordan Jackson on LinkedIn: https://www.linkedin.com/in/jordankjackson/
Resources Mentioned:
J.P. Morgan Guide to the Markets: https://bit.ly/48I0YbY
Jordan Jackson's writings and blog posts: https://am.jpmorgan.com/us/en/asset-management/adv/bios/jordan-jackson/
Follow Jordan Jackson on LinkedIn: https://www.linkedin.com/in/jordankjackson/
Follow our Portfolio Management team on LinkedIn:
Erin Hay, CFA https://www.linkedin.com/in/erinhay
Nate T
How is it that we are already heading into Q2 of 2024? In this episode, we deep dive into the first quarter of 2024 with special guest Jordan Jackson, Executive Director and Global Market Strategist with JP Morgan Asset Management's Global Market Insight Strategy team.
Tune in for our breakdown of the Q1 2024 market and our optimistic (and pessimistic) views as we head into Q2. We explore the best and worst performing sectors, unpack the Federal Reserve's recent actions and their impact on interest rates, and delve into the ongoing S&P 500 bull market with a focus on future growth potential.
Additionally, the episode tackles the record concentration within the top holdings of the S&P 500, analysing potential future trends as well as considerations for investing in small cap stocks, particularly in a rising interest rate environment. Finally, the team goes round-robin to share their optimistic and pessimistic views on the markets going forward.
“75% of the time, going back to 1980, the equity market has been positive by calendar year. I think that's really important. Yes, volatility is a price we pay as investors, but as long-term investors investing in equities...that [staying invested] is how you grow your wealth.” Jordan Jackson
Episode Timeline
[00:00] Intro
[02:00] A Historical Look at The Fed’s Interest Rate Moves During Election Years
[03:50] Erin’s Take on Where we Are with the Current Bull Market and How long it Might Last
[05:26] Nate Talks about the Spike in Commodity Prices and its Impact on Volatility and Inflation
[06:50] Jordan Jackson’s Bullish Take on the Equity Markets and Fed’s Monetary Policy
[9:10] Do We Need Interest Rate Cuts to See Successful Equity Markets and Economic Growth?
[14:00] S&P 500 Market Concentration – How Durable is the Equity Market Considering the Top 10 Names Hold over 34% of the Value?
[20:00] Stats and Advice for People Investing in Small Cap Stocks
[25:00] Why Should Investors be Optimistic About Investing Now?
[30:00] Momentum Investing and Long-Term Gains
[32:00] Speed Round: A Round-Robin Take on the Markets – Both Optimistic and Pessimistic Views
[44:00] Jordan Jackson’s Optimistic Wrap-Up and Kind Words About Monument 😊
[47:00] Outro.
About Jordan Jackson
Jordan Jackson, Executive Director is a Global Market Strategist on the J.P. Morgan Asset Management Global Market Insights Strategy Team. Jordan is responsible for delivering timely market and economic commentary to clients across the country and is a frequent guest on Bloomberg, CNBC, and other financial news outlets.
He has authored several papers on the economy and markets, with a focus on public fixed income and monetary policy and is often quoted in the financial press. In addition, Jordan is responsible for conducting research on the global economy and capital markets as well as publications such as the Guide to the Markets and weekly blog posts.
An employee since 2015, prior to his role on Global Market Insights, he worked on the Global Consultant Strategy Group based in New York where he was responsible for serving the investment needs of institutional asset management consultants in North America and Canada.
He earned a B.A. in African-American Studies from the University of Virginia and holds Series 7 and 63 licenses.
Follow Jordan Jackson on LinkedIn: https://www.linkedin.com/in/jordankjackson/
Resources Mentioned:
J.P. Morgan Guide to the Markets: https://bit.ly/48I0YbY
Jordan Jackson's writings and blog posts: https://am.jpmorgan.com/us/en/asset-management/adv/bios/jordan-jackson/
Follow Jordan Jackson on LinkedIn: https://www.linkedin.com/in/jordankjackson/
Follow our Portfolio Management team on LinkedIn:
Erin Hay, CFA https://www.linkedin.com/in/erinhay
Nate T
49 min