Investor Conferences and Events: Key Dates for Q3 2024
While a brief period of market volatility in early August has subsided, investors remain cautious as economic indicators are closely watched. The upcoming Jackson Hole Economic Symposium, where Federal Reserve Chair Jerome Powell will speak, is a key event for investors, as Powell's remarks could influence future monetary policy decisions.
In the past, Powell's pronouncements have caused market swings. Two years ago, he warned of potential economic pain and job losses needed to combat rising inflation. While inflation has since eased, with the Consumer Price Index (CPI) falling below 3% year-on-year, the Fed is still expected to implement a rate cut in the first quarter.
Despite recent economic uncertainty, corporate sentiment remains relatively positive. The Conference Board's CEO Confidence Survey for Q3 2024, while slightly down, remains above 50, indicating a moderately optimistic outlook. Second-quarter earnings have largely exceeded expectations, with guidance also positive. Notably, 79% of S&P 500 companies surpassed earnings per share (EPS) estimates, suggesting a potential second-quarter earnings growth rate exceeding 10%. FactSet's consensus data even forecasts stronger year-on-year quarterly profit growth in the fourth quarter.
Consumer sentiment, however, paints a less rosy picture. While real wages have risen and the job market remains strong, households remain apprehensive. The Conference Board's consumer confidence index registered a decline in July, indicating concerns regarding present economic conditions. This apprehension is likely fuelled by election uncertainty and ongoing frustrations with the cost of living.
With these crosscurrents in play, upcoming investor conferences will provide valuable insights into corporate strategies and market trends. From technology and healthcare to consumer goods, financials, and energy, a wide range of industries will be represented. Conferences offer opportunities for investors to engage with company executives, gleaning information about hiring plans, capital allocation, and key thematic areas such as artificial intelligence.
Here's a list of major investor conferences scheduled for the remainder of Q3 2024, organised by sector:
Information Technology & Communication Services
21 August: Needham 5th Annual Semiconductor and SemiCap 1X1 Conference (Virtual)
26 August: Stifel Tech Executive Summit
27 August: Evercore ISI Semiconductor, IT Hardware & Networking Conference
27 August: Jefferies Semiconductor, IT Hardware & Communication Technology Summit
28 August: Deutsche Bank Technology Conference
3 September: Barclays Media and Telecom Forum
4 September: Citi Global Technology, Media, and Telecommunications TMT Conference
5 September: Bank of America Media, Communications & Entertainment Conference
9 September: Goldman Sachs Communacopia Technology Conference
10 September: Wolfe Research TMT Conference
Health Care
22 August: JP Morgan Healthcare Day
27 August: Stifel Back-to-School Healthcare Series
4 September: Wells Fargo Healthcare Conference
4 September: Morgan Stanley 22nd Annual Global Healthcare Conference
10 September: Baird Global Healthcare Conference
17 September: Cantor Fitzgerald Global Healthcare Conference
18 September: Bank of America Global Healthcare Conference
Consumer Discretionary & Consumer Staples
3 September: Barclays Global Consumer Staples Conference
4 September: Goldman Sachs 31st Annual Global Retail Conference
5 September: Bank of America Gaming and Lodging Conference
18 September: Wells Fargo 7th Annual Consumer Conference
Financials & Real Estate
4 September: 25th Annual Scotiabank Financials Summit Conference
4 September: Raymond James U.S. Bank Conference
5 September: Raymond James Banking on Tech Conference
9 September: Barclays 22nd Global Financial Services Conference
10 September: Bank of America Global Real Estate Conference
12 September: Wolfe Research Private Real Estate Conference
23 September: Deutsche Bank 32nd Annual Leveraged Finance Conference
24 September: Bank of America Securities 29th Annual Financials CEO Conference
26 September: Goldman Sachs European Real Estate Equity & Debt Conference
Industrials
3 September: UBS Business Services, Leisure, and Transport Conference
4 September: Jefferies Industrials Conference
4 September: Morgan Stanley Industrial CEOs Unplugged
5 September: Gabelli Funds 30th Annual Aerospace and Defense Symposium
24 September: RBC Capital Markets Global Industrials Conference
Energy & Utilities
2 September: Barclays 38th Annual CEO Energy-Power Conference
9 September: ROTH 11th Annual Solar & Storage Symposium
10 September: NYSE Energy & Utilities Investor Access Day (Virtual)
10 September: Morgan Stanley European Utilities and Energy Summit
30 September: Wolfe Research Utilities, Midstream, and Clean Energy Conference
Materials
4 September: UBS Global Materials Conference
15 September: Gold Forum Americas
20 September: Raymond James Virtual Strategic Metals & Materials Conference (Virtual)
Regional
20 August: Morgan Stanley Nasdaq Virtual Investor Conference in Asia (Virtual)
21 August: Citi ASEAN Thematics Investor Conference
2 September: UBS China Conference
2 September: Bank of America Japan Conference
3 September: Goldman Sachs EMEA Credit & Leveraged Finance Conference
4 September: Deutsche Bank Access European TMT Conference
9 September: Morgan Stanley 27th Annual Latin America Conference
11 September: Goldman Sachs China Conference
25 September: Citi China Industrial, SMID, Transport Conference
Investor Specific & Multi-Sector
20 August: Investor Summit Group - MicroCap Forum
21 August: Nordea Small & Mid Cap Days
27 August: Bank of America Virtual Conference (Virtual)
28 August: J.P. Morgan CEO Conference Call
3 September: Carnegie Small & Mid Cap Seminar
5 September: Piper Sandler 10th Annual Macro Conference
5 September: Stifel Cross Sector Conference
16 September: RMB Morgan Stanley 15th Annual Big Five Investor Conference
Investors should carefully consider these conferences, selecting those that align with their portfolio interests and objectives. The events offer a unique opportunity to gain valuable insights into the evolving economic landscape and gain a competitive edge in the market.
