The Q3 2024 Quarterly Market Review highlights a quarter marked by strong market performance alongside heightened volatility and significant global events. U.S. equities delivered positive returns but lagged both international developed and emerging markets, with value stocks outperforming growth and small caps leading large caps. Outside the U.S., developed markets also posted gains, while emerging markets were the top performers overall. Real estate and fixed income benefited from declining interest rates, as Treasury yields fell across the curve and bond returns were broadly positive. Commodities were modestly positive, with wide dispersion among individual sectors. Throughout the quarter, markets navigated political uncertainty, economic data surprises, and sharp swings in investor sentiment, including a brief spike in volatility during early August. The review reinforces that short-term market turbulence is normal and unpredictable, and underscores the importance of diversification, discipline, and staying invested to pursue long-term investment goals.