Government policies drive market sentiment so far in 2024 - Central Penn Business Journal

Central Penn Business Journal

Media Conglomerate: Gannett

Government policies drive market sentiment so far in 2024 - Central Penn Business Journal

2024 has had the best start for stocks since 2019, with the S&P 500 passing the 5,000 level for the first time and returning 10.6% over the first quarter. The economy has been resilient despite some small cracks, and consumer sentiment is rising. The story for bonds has not been as rosy, however, as the Bloomberg Aggregate Bond Index fell -0.8% and investors continued grappling with changing rate path expectations. The inversion of the Treasury …