Q4 2024 Recap & 2025 Economic Outlook

In this fourth quarter review, Newport’s Chief Investment Officer, Mark Kinney examines the key market forces that shaped the final months of 2024 and what they mean for the year ahead. Amidst continued volatility, all Newport mandates exceeded target ranges for the third time in six years. While earnings momentum and lower interest rates spurred growth, policy uncertainty continued to unsettle the markets. We saw these disruptions as opportunities for capital deployment.

Newport’s Investment Committee remains focused on balancing protection and opportunity, ensuring portfolios continue to generate cash flow today while providing stability for the future. Our diversified approach extends beyond traditional stock-and-bond allocations, helping to navigate an evolving economic landscape with confidence.

If your portfolio is not benefiting from broad asset class exposure and a pragmatic and strategic approach to protecting your wealth, we invite you to get in touch. We would be happy to arrange a call or video conference with a member of our wealth management team to learn more about Newport’s approach.