International markets have provided the highest returns this year, with the MSCI International Index gaining 19.46% and the MSCI Emerging Index up 15.57%. Portfolios that were globally diversified experienced less volatility and higher returns YTD.
A recent study reviewed the 2024 S&P 500 return estimates from 20 prominent banks and asset managers, made at the end of 2023. The closest estimate was off by 12% and the median prediction missed by 23% versus the actual return. Be cautious with forecasts for 2025.
Crime related to fraudulent new accounts is responsible for 80% of all identity fraud reports. If you haven’t already, consider freezing your credit at TransUnion, Experian, and Equifax to help prevent unauthorized credit cards and loans being opened in your name.