Resources

Find out how petroleum touches everything we own—and why resolving today’s geopolitical disruption will be a powerful tailwind for family financial security.

The 2024 presidential election resulted in a decisive victory for former and now incoming President Trump, an outcome anticipated to significantly influence fiscal policy and, in turn, the municipal bond market, particularly regarding trade and tax policy implications.

Despite splashy headlines, equity markets again hit an all-time high in January and finished the month with positive returns.

Looking back on the fourth quarter of 2024, the conclusive outcome of the presidential election—regardless of one’s political preferences—provided clarity which boosted market confidence. 

With the US presidential election in the rearview mirror, US equities climbed higher in November and bond yields declined. Risk assets continue to be supported by a positive macroeconomic backdrop, solid earnings growth, and an accommodative Fed.