Our 2024 Mid-Year Outlook focuses on how the years-long shift towards asset-light companies like Uber and Airbnb has transformed market valuations and will likely be accelerated as companies apply AI to innovate their operations. This shift is both exciting and significant, with nearly 50% of the S&P 500 now comprising asset-light businesses. Superficial comparisons with the tech bubble of decades ago don’t hold up to scrutiny, as these companies offer scalability and high profit margins that justify higher valuation multiples. At Callan Family Office, we understand the nuances of these changes and adjust our strategies accordingly. Please read our current Mid-Year Outlook to learn more.
The theme of our 2024 Mid-Year Outlook is the power of prevailing narratives to shape the economic landscape. Our latest report explores and helps to explain how resilience of the economy, and the market, has prevailed against the long anticipated “hard landing” that still has not occurred. A big reason for this positive turn of economic events is the transformative power of AI investments. The story of 2024 is one of adaptation and forward-thinking, which require investors to rethink their own assumptions. Please read our Mid-Year Outlook and get in touch to learn more: https://lnkd.in/edHhg5dd
