Video: Obermeyer Wood Quarterly Investment Outlook - Spring 2024

In our latest quarterly investment outlook video, Ali Phillips, President and Partner, shares our firm's updated perspective on the economy and markets heading in to the second quarter of 2024. The U.S. economy kicked off 2024 by continuing its defiant march forward through the headwinds of the historic interest-rate-hiking campaign by the Federal Reserve. With conditions holding up sufficiently well under the weight of a 5.25%–5.5% benchmark rate since July 2023, the Fed appears content to take a patient approach to cutting rates as it waits until later this year for further evidence that inflation is firmly heading to its 2%.