Market Matters from New York Life Investment Management

In our 2024 Outlook, choose your own adventure. Lauren Goodwin, Julia Hermann, and Michael LoGalbo explore scenarios for 2024 along with the actionable investment ideas that can help investors navigate the coming year confidently, no matter where they end up on the map. 

The themes pervading 2024 investment outlooks – Fed tightening, chance of recession, and market volatility – are little changed from the start of the year. But much in the economy has shifted. Lauren Goodwin, Julia Hermann, and Michael LoGalbo cover the signposts for their base case view of 2024. 

The fates of the U.S. corporate sector and labor market are closely entwined, and in this cycle, labor hoarding by large companies has contributed to strong job creation and wage growth. As cost pressures mount for companies, though, can this dyamic continue? Tune in to the debate between Lauren Goodwin and Julia Hermann this week on the Market Matters podcast. 

We are one year away from the 2024 U.S. election, an it’s not too early to consider it’s impact on portfolios. Lauren Goodwin and Julia Hermann unpack their fundamental election year investment principles – and the politics might matter less than you think. 

The U.S. Treasury yield curve has been inverted for over a year, but with longer dated Treasury yields rising fast, markets may be in for a shift. Lauren Goodwin and Julia Hermann unpack the relatively rare occurrence of today’s bear steepener, including what it means for interest rate-sensitive investments. 

With geopolitical risk front and center, Lauren Goodwin and Julia Hermann consider the impacts of a potential oil shock on the global economy and investors’ opportunity sets across asset classes. 

The last week – and the last few years – have shown that risks or shocks to investing are always possible. Lauren Goodwin hosts Alexandra Russo of Candriam to discuss how investors may take stock of the unforeseeable.  

Fiscal and budget debates have been recurrent this year, yet monetary policy is usually front of mind for investors. Lauren Goodwin and Julia Hermann check in on the investment implications of the federal government’s financial bill of health. 

A government shutdown has been avoided, but investors may still face a “wall of worry”. Lauren Goodwin and Julia Hermann discuss the recent bout of market indigestion and bright spots for investors.  

As investors seek opportunities to end a volatile year, uncertainty can lend itself to positioning in the extremes: chasing narrow rallies, or sitting it out entirely. To help investors navigate this balance, Lauren Goodwin, Julia Hermann, and Michael LoGalbo focus on two questions: How can I participate in the AI boom? And is commercial real estate the next big risk?