Ten reasons for investors to be thankful this Thanksgiving

The 2023 recession predictions proved inaccurate as the economy has displayed considerable strength, lacking typical recession indicators such as significant corporate leverage or excess inventory. The S&P 500 Index has reached 57 new highs in 2024, reflecting a robust stock market, although valuations are primarily elevated among top companies. Wage growth has consistently outpaced inflation, particularly benefiting lower-income households, contributing to a record US household net worth of $154 trillion.

The Federal Reserve has initiated an interest rate easing cycle, aligning with the strategic advice to not oppose Fed policy changes. The US leads global oil production with 13.5 million barrels per day, maintaining stable oil prices despite conflicts in key oil-producing regions. Corporate earnings of the S&P 500 have doubled since 2020, reinforcing the US's role in global innovation.

Fixed income investments are currently offering attractive yields of 4% or more across various assets, providing income opportunities for investors. The recent US election concluded peacefully, avoiding anticipated post-election turmoil. The narrative emphasizes optimism, acknowledging historical resilience and improvement trends in markets, and suggests that despite challenges, conditions generally progress positively over time.