Weekly Commentary | March 31, 2024 | A Strong First Quarter Ends.

Macro Picture

Stocks closed out the first quarter with strong gains also hitting new record highs. This marked five straight months of gains. Historically, such persistent positive momentum is a good sign for the broader market over the next 12 months.

The market is also broadening with the equal weighted index up 1.65% on the week but the market cap weig…