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

Authenticity and Results

It is clear from the quickly expanding investing landscape that ESG strategies are not created equally and are often sustainable in name only. Real Impact Tracker distinguishes the authentic from the not so authentic, through its independent ranking and certification process that uses a peer-reviewed, data-driven methodology to analyze the impact strategies of public equity funds. We are proud that Real Impact Tracker (RIT) has recognized Zevin Asset Management as a leader among its peer investment managers in collaborative social impact engagement and advocacy.

Zevin Asset Management Honored as Best for the World 2021

For the fifth year in a row, we have earned a place on the Best for the World lists within the Certified B Corporation community. This year Zevin Asset Management was named Best for Customers by scoring in the top 10 percent of all Certified B Corps because of our firm’s focus on serving clients as we help solve pressing social and environmental issues.

Zevin Asset Management Gives on Giving Tuesday

For the past seven years, the Tuesday following Thanksgiving has been dubbed Giving Tuesday, as a palate cleanser after the over-commercialized one-two of Black Friday and Cyber Monday. We at Zevin Asset Management would like to take this opportunity to tell you a little bit about a few organizations that we have supported, not only today but also throughout the year.