In this episode, we dive into the standout stories of the financial markets in 2024 and set the stage for what lies ahead in 2025. Here’s what you’ll hear:

2024 Market Recap: We break down the surprisingly strong 20% plus returns of the S&P 500, reflecting on how they exceeded expectations and what drove this outperformance.

The “Magnificent 7”: We take a deep dive into the tech giants that dominated the market. These 7 companies currently comprise 33% of the S&P 500. Is this kind of market concentration good or bad or is it a bubble waiting to burst?

2025 Market Preview: We outline the three biggest risks for investors in the year ahead:
1. Higher bond yields and their implications.
2. Continued market concentration and its potential impact.
3. Policy shifts under the Trump administration and their influence on markets.

Big Themes for 2025: Lastly, we discuss what we believe are the biggest themes for 2025. The AI revolution takes center stage as we explore its transformative effects on corporate earnings and broader economic trends.

Whether you’re a seasoned investor or just curious about the markets, this episode is packed with insights to help you navigate the evolving financial landscape. Tune in for a thoughtful discussion on where we’ve been and where we’re headed!

Here’s to wise investing,

Brett Pattison & Brian Hunsaker

*All investing is subject to market risk, including the loss of principal. Past performance is not a guarantee of future results and there is no guarantee any investment strategy will achieve its objectives.