About the Markets
2024 Mission Trip - Shelby Bierema, Manager of Client Relations
Article Written By:
Jill Mollner
MBA, CFP®

Market Update Video – August 5, 2024

After a bright start to the year, some dark and stormy clouds have gathered above Wall Street. Friday’s weaker-than-expected jobs report raised concerns that cracks have formed in the US economy and the Fed is waiting too long to cut interest rates. Meanwhile, a group of disappointing Big Tech earnings last week showed how AI investments are not yet paying off as investors had hoped.
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CSP #564884 Exp. 8.5.25

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