Year in Review
First Week with Walter Todd

Year in Review

December 3, 2024

It’s hard to believe but 2024 is drawing to a close. In his final First Week video of the year, Walter covers the latest election outcomes, market trends, and key economic developments as we head into the holiday season and look forward to 2025.

 

In this month’s video:

  • Political Landscape: Republicans hold majorities in both the Senate and the House, but some Republican seats may be affected by appointments to agency roles.
  • Market Updates: December and January are historically strong months for the market. Upcoming economic highlights include a payroll report (following a subdued report last month) and a Federal Reserve meeting on December 18th, where a rate cut is possible but uncertain.
  • Global Considerations: International markets are underperforming due to concerns around tariffs and international trade agreements.
Despite concerns for a recession, 2024 was a strong year. While optimistic for 2025, we are watching carefully to see how the new administration handles upcoming issues such as expiring tax legislation and the debt ceiling.

Greenwood Capital is an SEC-registered investment advisory firm. This material has been prepared for information purposes only, is not intended to provide, and should not be relied on solely for tax, legal, or accounting advice. Subtitles are automatically generated.

Related Posts

4Q 2024 Letter from the CIO
4Q 2024 Letter from the CIO

January 6, 2025 I have one life and one chance to make it count for something. I’m free to choose that something. That something –the something that I’ve chosen – is my faith. My faith demands that I do whatever I can, wherever I can, whenever I can, for as long as I...

Turning the Page First Week with Walter Todd
Turning the Page
First Week with Walter Todd

Turning the Page January 2, 2025 A new year, a new month, and a new First Week from Walter Todd. He sat down to chat about how the markets finished the year and what to watch in 2025. In this month's video: Market Highlights: 2024 showed strong gains, but the market...

Election Update First Week with Walter Todd
Election Update
First Week with Walter Todd

Election Update November 6, 2024 It's the morning after Election Day, and surprisingly, we know the outcome of the 2024 Presidential race. In this month's First Week video, Walter discusses the last 24 hours and how the implications will be felt over the next days and...