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  • Ballestas Group

On the Road to Success: Investor Expectations in the Face of Federal Comments and Solid Economic Growth

Investors await comments from the Federal Reserve and key economic data such as Personal Consumption Expenditures (PCE) in this holiday-shortened week.

The economy grew faster than expected in Q4 2023, driven by strong consumer spending and business investment. GDP increased to 3.4%, revised up from the previously announced 3.2%. The S&P 500 had the best start to the year since 2019 and advanced 10.55% in the first quarter and closed setting a new record high.

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