Month in Review – February 2024
February Highlights
- Equity indices across the spectrum by and large posted strong gains for the month.
- With interest rates rising in light of the Federal Reserve’s cautious rate comments, bond prices generally fell.
- Significant headlines for the month included relatively negative inflation news and Federal Reserve commentary that more work needs to be done on the inflation front, pouring cold water on the number and cadence of potential rate cuts in 2024.
Trust and Investment Services:
- Are not insured by the FDIC or any other federal government agency.
- Are not deposits of, nor guaranteed by, the Trust Company or any Trust Company Affiliate.
- May lose value.
Country Club Trust Company (CCTC) is a division of Country Club Bank.
Some information provided above may be obtained from outside sources believed to be reliable, but no representation is made as to its accuracy or completeness. This document is intended for discussion purposes only and should not be considered a recommendation. Please note that investments involve risk, and that past performance does not guarantee future results.
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