Market Perspectives
Zevin Asset Management
Q3 2024 Market Outlook

Maybe it really is different this time. A typical business cycle usually consists of an overheating economy followed by higher policy rates imposed by central banks. This eventually leads to a slowing economy, and in 6 out of the last 7 monetary tightening episodes in the U.S since 1970, the economy has fallen into recession. Higher lending rates slow consumption, leading to layoffs, which further slows consumption and more layoffs, and so on. However, this cycle has been different so far. When the Fed began raising interest rates in 2022 to fight inflation, the personal consumption response was much more muted than usual, thanks to previous emergency pandemic stimulus. The U.S. economy has slowed somewhat in response to tighter monetary policy, but employers have been mostly reluctant to implement significant layoffs with the fresh and painful memory of the 2020-2021 pandemic reopening when consumer demand rebounded sharply but employers had a hard time finding workers to satisfy demand. So-called “labor hoarding” has become a significant attribute of the current economic cycle, which has contributed to the relative strength in the labor market, consumption, and the economy in general.

Company News

Empowering Change Through Giving

This Giving Tuesday, we reflect on our commitment to creating social and environmental change and highlight the exceptional organizations we've supported.

Beyond our work as shareholder advocates, we dedicate 1% of our revenue to impact-driven organizations, match employee donations, and provide paid volunteer time. Our approach to giving prioritizes organizations that empower marginalized communities and foster lasting change.

Zevin Asset Management ESG Strategies Named to List of Best Performing Strategies for Q1 2023

For the fourth consecutive quarter, Zevin Asset Management’s Global Equity strategy has been named to the PSN Top Guns List of best performing separate accounts, managed accounts, and managed ETF strategies. Zevin Asset Management's Global Appreciation with Income strategy has also been named to the same list for the second time. In addition to Q1 2023, the firm received the same recognition for its Global Equity strategy in Q4 2022, Q3 2022, and Q2 2022. The highly anticipated list, published by Zephyr, remains one of the most important references for investors and asset managers.

Read our statement to learn more about this recognition of the benefits of our impactful ESG strategy.

Zevin Asset Management’s Global Equity and Global Appreciation with Income Strategies Named to PSN Top Guns List of Best Performing Strategies for Q4 2022

For the third consecutive quarter, Zevin Asset Management’s Global Equity strategy has been named to the PSN Top Guns List of best performing separate accounts, managed accounts, and managed ETF strategies. Zevin Asset Management's Global Appreciation with Income strategy has also been named to the same list for the first time. In addition to Q4 2022, the firm received the same recognition for its Global Equity strategy in Q3 2022 and Q2 2022. The highly anticipated list, published by Zephyr, remains one of the most important references for investors and asset managers.

Read our statement to learn more.

Zevin Asset Management’s Global Equity Strategy Named to PSN Top Guns List of Best Performing Strategies for Q3 2022

For the second consecutive quarter, Zevin Asset Management's Global Equity strategy has been named to the PSN Top Guns List of best performing separate accounts, managed accounts, and managed ETF strategies. In addition to Q3 2022, the firm received the same recognition for Q2 2022. The highly anticipated list, published by Zephyr, remains one of the most important references for investors and asset managers.

Read our statement to learn more.