NorthCoast
In December, the S&P 500 and the Dow Jones Index advanced 4.5% and 4.9%, respectively, while the technology-heavy Nasdaq rallied 5.6% for the month. The recent runup in equity prices is primarily due to expectations of earlier interest rate cuts, rather than a significant improvement in corporate earnings expectations.
NorthCoast Asset Management (NorthCoast) is a d/b/a of, and investment advisory services are offered through, Connectus Wealth, LLC, an investment adviser registered with the United States Securities and Exchange Commission (SEC). Registration with the SEC or any state securities authority does not imply a certain level of skill or training. Please click “Disclosures” above for additional important disclosures. Click the following for more information about Connectus: www.connectuswealth.com. ©2023 NorthCoast Asset Management. All rights reserved.
Comments 0