Fed Rate Cuts Signals a New Economic Landscape
The third quarter marked a seminal pivot point for the financial markets, as the Fed officially concluded its tightening cycle that began in 2022 by cutting interest rates.
Will AI take my job?
The most common question we receive about artificial intelligence is unrelated to investments: “Will A.I. take my job?” Given Hollywood’s tendency to cast an AI future in a negative light (think Terminator, I, Robot, The Matrix, and Wargames), it is not surprising that our collective thoughts trend toward pessimism. If we can, however, imagine AI as autonomous agents working for the benefit of humanity, then we can picture a world in which future AI systems produce massive economic and societal benefit.
Market Dynamics Shift: Small Caps Regain Leadership as the Fed Cuts Rates Aggressively
The oft-treacherous summer months could not dampen investors’ spirits in the third quarter of 2024. All major indices advanced—closing at or near record highs—propelled by continued impressive corporate earnings and a larger-than-previously-expected interest rate cut by the Fed.
Jordan Winter
Jordan Winter joined Riverbridge Partners in 2024. As a business analyst, he is responsible for supporting a variety of functions across the firm, primarily within the Relationship Management Team. Jordan gained experience in private equity, family office, equity research, accounting, and tax prior to joining Riverbridge. While attending the University of Minnesota, he was an […]
Mason Bartosh
Mason Bartosh joined Riverbridge Partners in 2024. As an operations analyst, Mason is responsible for supporting a variety of operations functions across the firm, with a focus on performance. Prior to joining Riverbridge, Mason worked at Charles Schwab in specialty trading operations. In his free time, Mason enjoys staying active, playing sports including soccer, hockey, […]
Jon Deyoung
Jon Deyoung joined Riverbridge Partners in 2024. As an operations analyst, Jon is responsible for supporting a variety of operations functions across the firm. Prior to joining Riverbridge, he worked at Cargill in various portfolio, fund administration, and operations roles. Outside of work, Jon enjoys anything outside; fishing, golfing, snowboarding, and traveling. Jon attended the […]
David Krueger
David Krueger joined Riverbridge Partners in 2024. As a Senior Information Security Engineer, David manages IT Security for Riverbridge. This includes the design and installation of security systems that support the security policies of Riverbridge. Prior to joining Riverbridge, David worked in Cyber Security in the insurance industry. Outside of work, David is the chef […]
Long-Term Investing in a Shifting Landscape
The second quarter of 2024 provided the clearest signals yet that the Fed’s interest rate hiking cycle is having its intended effect. Consumer demand downshifted, housing slowed, and corporate loan defaults increased.
After the Hardware Boom: Long-Term Value Creation in the Generative AI Era
The modern technology stack can be visualized as an advanced jet airplane. Computer hardware is the jet engine and the fuselage; the chips, servers, and networking gear that provide the power and backbone for flight.
S&P 500 Achieves Record Start in Early 2024, Driven by AI Optimism
On the surface, the first six months of 2024 were a utopia for investors. The S&P 500 returned more than 15% with very little volatility. This advance occurred despite the Fed not cutting interest rates and with inflation remaining stubbornly elevated.