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Premia Global Advisors, LLC

Premia Global Advisors, LLC (“Premia”) is an investment advisor located in Coral Gables, Florida.
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Premia Global Advisors, LLC (“Premia”) is an investment advisor located in Coral Gables, Florida.
(786) 646-9140
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Market Week: September 30, 2024

by Premia Global Advisors

The Markets (as of market close September 27, 2024)

Wall Street enjoyed a solid week of gains following a rough start to the month. Each of the benchmark indexes listed here advanced, with the exception of the Russell 2000, which is generally the most volatile of the aforementioned indexes. Eight of the 11 S&P 500 market sectors closed the week ahead, led by materials and utilities. Only health care, financials, and energy declined. The personal consumption expenditures (PCE) price index, the preferred inflation indicator of the Federal Reserve, inched up 0.1% in August and 2.2% over the last 12 months, nearing the Fed’s 2.0% target. Signs of cooling inflationary pressures likely fueled expectations that the Fed may cut interest rates again this year. Gold prices hit a record high earlier in the week, only to pull back later. Crude oil prices fell below $70.00 per barrel.

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Premia Global Advisors
2600 Douglas Rd # 1103, Coral Gables, FL 33134
(786) 646-9140

IMPORTANT DISCLOSURES

Premia Global Advisors LLC (“Premia”) is a U.S. Securities and Exchange Commission (“SEC”) registered investment advisor located in Coral Gables, Florida. Registration as an investment advisor does not imply any level of skill or training. A copy of Premia’s Form ADV Part 2A Brochure which includes a description of Premia’s services, fees and business practices is filed with the SEC and available by contacting us, or at the SEC’s website (www.adviserinfo.sec.gov).

These materials are not intended to be an advertisement or research and may not be distributed in states where Premia is not registered, or countries or jurisdictions where not permitted by law. Any discussion of investment strategies, products, or services is for information purposes only and should not be deemed to constitute the provision of investment advice, or a recommendation, or offer to purchase, or sell securities or pursue any investment strategy.

Although the information distributed is based on sources believed to be reliable. We do not warrant its completeness accuracy.

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