In our second quarter 2024SIA Perspectives, we stated that despite many stock market benchmarks reaching all-time highs during 2024, we did not think that all stock markets were overvalued and mentioned: “At some point a rotation into asset class segments, such as mid cap and small cap in the U.S. and stock markets overseas, will be a healthy sign that the current bull market run can continue.”
This rotation happened in the third quarter as many previous “Underdogs” in financial markets soared relatively higher.
For a more comprehensive analysis of the third quarter and our outlook, we invite you to read our latest issue of SIA Perspectives.