News and commentory VIEW MORE + Street SMARTS: Q1 Commentary 2024 | Cary Street Partners In Chief Market Strategist Tom Herrick's new Street SMARTS series, he goes in depth about market observations and trends, offering valuable insight on the... VIEW MORE + Roanoke Connections 1Q 2024 | Cary Street Partners After concluding their latest meeting on March 20, the Federal Reserve appeared to confirm the market’s expectation for the discount rate to move lower later this year. The consensus view sees three quarter-point rate cuts in the second half of the year. VIEW MORE + March 2024 Monthly Update | Cary Street Partners Markets were generally favorable over the course of February. The S&P 500 Index has advanced 5.34% since the end of January. VIEW MORE + February 2024 Monthly Update | Cary Street Partners Markets unsurprisingly consolidated over the course of the last month. Unsurprisingly is the operative phrase given the strong nine week run that risk assets... VIEW MORE + Asset Management Viewpoints: The Right Vintage of Private Credit | Cary Street Partners Cary Street Partners Chief Market Strategist Tom Herrick sees the opportunities in investing in private credit. VIEW MORE + Roanoke Connections 4Q 2023 | Cary Street Partners The Federal Reserve delivered an early holiday gift to the markets. As expected at their December 13th meeting, they left interest rates unchanged. The gift to both stock and bond markets was their change of stance as they signaled possible rate cuts in 2024. VIEW MORE + Asset Management Viewpoints: Breadth Breakout | Cary Street Partners Cary Street Partners Chief Market Strategist Tom Herrick sees hints of breadth expansion in 2024's equity performance. VIEW MORE + 2024 Market Outlook | Cary Street Partners Explore the trends and forecasts shaping the market landscape and gain valuable insights with our market outlook for 2024. VIEW MORE + Roanoke Connections 3Q 2023 | Cary Street Partners Equity markets had a quiet quarter from June through mid-September but finished on a downswing over the final two weeks. The major U.S. large-cap stock indexes slipped by 3-4% for the period. VIEW MORE + November 2023 Monthly Update | Cary Street Partners The November Monthly Update takes a close look at 10-year yields and explains how "the beatings will continue until morale improves." VIEW MORE + Asset Management Viewpoints: Mortgages—Home to Opportunities | Cary Street Partners Cary Street Partners Chief Investment Officer Tom Herrick expounds how current mortgages offer opportunities for investors. VIEW MORE + 3rd Quarter 2023 Commentary | Cary Street Partners Q3 2023 Financial commentary from Cary Street Partners' CIO, Thomas Herrick talks about the gravitational pull of higher yields and more. VIEW MORE + Asset Management Viewpoints: Time for Small Caps | Cary Street Partners Cary Street Partners Chief Investment Officer Tom Herrick talks cap comparisons and explains why it's time for small caps. VIEW MORE + Cary Street Partners Named to Barron’s List of 2023 Top 100 RIA Firms in the United States | Cary Street Partners For a fourth consecutive year, Cary Street Partners has been named to the Barron’s List of 2023 Top 100 RIA Firms. VIEW MORE + Artificial Intelligence: The Fourth Industrial Revolution? | Cary Street Partners Artificial intelligence — is it being over-hyped? Or could it really have profound economic and societal implications? VIEW MORE + August 2023 Monthly Update | Cary Street Partners Epic dis-inflation. That is the short answer regarding what has been driving markets since last October. VIEW MORE + 2nd Quarter 2023 Commentary | Cary Street Partners Q2 2023 Financial commentary from Cary Street Partners' CIO, Thomas Herrick includes market review and second half outlook. VIEW MORE + Importance of 529 College Savings Plans 529 college savings plans can help you save for your child's higher education to guarantee a better future. VIEW MORE + June 2023 Monthly Update | Cary Street Partners Tom Herrick, Cary Street Partners' Chief Investment Officer, talks FOMC policy, volatility, and yields in his June 2023 financial commentary. VIEW MORE + May 2023 Monthly Update | Cary Street Partners Tom Herrick, Cary Street Partners' Chief Investment Officer, explains how money growth leads inflation in his May 2023 financial commentary.