Happy 2025! We're reviewing what happened in the markets and economy in Q4 2024 (and 2024 as a whole), noting what caught our attention and why. In this episode of Off the Wall, hosts Jessica Gibbs, CFP® and David B. Armstrong, CFA® are joined by Monument Wealth Management's Portfolio Management team, Erin M. Hay, CFA®, CMT® and Nate W. Tonsager, CIPM®.

Dave breaks down S&P sector performance, Erin delves into Small Caps, and Nate shares his take on the death of active management. Then tune in to hear how Dave, Erin and Nate fared on their 2024 predictions, and what they predict will happen in 2025, including whether potential tariffs will make any real difference, Cap Weight verses Equal Weight performance of the S&P 500, and if we'll see a recession.

Episode Timeline/Key Highlights:

0:00 Welcome and Podcast Refresh

03:15 Recap of 2024 Market Performance

14:11 Key 2024 Trends including persistent high yields despite rate cuts, record outflows from active investing, and the rise of passive investing

24:37 2024 Predictions Revisited: What we got right and wrong, plus Dave, Erin, & Nate make market predications for 2025

46:10 Our thoughts on investing: What you should know going into 2025

Resources Mentioned:

Bloomberg Article:

Stock Market 2025 Predictions: Wall Street Braces for Trump, AI, and China

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About "Off the Wall":

OFF THE WALL is a podcast for business professionals and high-net-worth investors who want to build wealth with purpose. A little bit Wall Street, a little bit off-the-wall; it's your go-to for straightforward, unfiltered wealth advice on topics that founders, business owners, and executives care about.

Learn more about our hosts, Dave and Jessica on our website at https://monumentwealthmanagement.com.