Despite recent bouts of volatility, equity markets marched higher, ending the third quarter at all-time highs. 

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

In this newsletter we’re diving into personal updates from the Gibson-Johnson Team as well as essential topics to help you navigate the complexities of today’s financial landscape.

We want to thank each and every client for your trust in our process, for your business, and for allowing us the opportunity to manage your investments and exceed your expectations when it comes to the service you’ve grown to expect over the years.

2024 is a presidential election year, and as such, we have been receiving questions about our views on the election’s potential impact on markets and client portfolios. 

We’d like to remind you of some financial matters that should be addressed prior to year-end. We encourage you to complete year-end money movements such as required minimum distributions, gifting to individuals, and gifting of stocks to charities by December 2, 2024.

What motivates Bob Aamodt in his financial advising career wasn’t born in a university classroom or in a fast-paced corporate office. Much of it came from his family’s fruit orchard in Farmington, Utah. It was there, as a 12-year-old boy, that his natural drive and tenacity would be more fully cultivated as he picked cherries for the family to sell to local fruit suppliers.

This week’s major news release was the September inflation figures. The “headline” CPI was 2.4%, while “core” inflation, which removes the more volatile food and energy components, was 0.3% higher in September, moving the annual rate up to 3.3% after holding firm at 3.2% the previous two months.