January 2024

Summary Markets broadly got off to a poor start in 2024, punctuated by a final-day of January sell-off in U.S. equities. Economic indicators showed a sturdy jobs market and strong holiday spending from consumers. Inflation numbers for December came in slightly above expectations but remained moderate at 0.3% for the month. Interest rates carried 2023’s…

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Highland’s 30-Year Anniversary

Highland celebrated 30 years in business on Thursday, November 9 at Market Square in Crocker Park. Clients, friends, colleagues and family gathered to enjoy a delightful evening of fellowship and reflection. Mayor Dennis Clough presented Rich Veres, Founder, with a proclamation honoring the occasion and deemed November 9th “Highland Consulting Associates, Inc. Day” in the…

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Operation London Bridge – What’s Your Plan?

photo credit: Unsplash “Begin with the end in mind.”   −Stephen Covey In December 2023, the award-winning Netflix series on Queen Elizabeth II and the royal family, The Crown, ended its run. During a recent break, we found ourselves watching those later episodes of the aging Queen at the time of her Golden Jubilee and, later,…

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December 2023

Summary Keeping with the holiday spirit, markets finished the year in a generous mood, filling investors’ stockings with one final month’s worth of bumper returns for stocks and bonds. With the consensus in the U.S. and internationally, agreeing that interest rate hikes are likely a thing of the past, worries of a broad economic recession…

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November 2023

Summary Investors had plenty of reasons to feel thankful in November. Coming off consecutive losing months, stocks roared back, with global equity returns finishing north of 8%. Bonds followed closely behind, with the Bloomberg Aggregate Index posting its largest monthly return since 1985, buoyed by a stunning rally in interest rates during the second half…

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October 2023

Summary Markets continued to decline in October, retracing lower for the third consecutive month. Stocks took a hit due to a combination of strong economic data – which fueled concerns that higher interest rates will persist – and geopolitical risks associated with an escalating conflict in the Middle East. Bond yields were volatile throughout the…

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